Money Snatchers

dsert_fox asked: If you own an S Corporation in Nevada and you receive all the checks and payments in Nevada. Do still get taxed in California? Do you have to be a Nevada resident? Or do you just get taxed Federal, because you earned everything in Nevada and Nevada does not have a State Income [...]

NeerjaP asked: I’m about to incorporate my (just started), online business as a Nevada S Corporation. I live in Illinois. I work full time. My money from my full time job funds my online company. Will I be able to write off my losses (if I lose money) on my IL state and federal taxes? [...]

energizer bunny asked: My ex-husband is hiding money to get out of paying more child support. His income is about $1,900.00 a YEAR he claims. He drives luxury cars etc…If he owned a corporation would that show on his Personal tax return?

Defunct asked: Like Robert Kirosaki advises in Rich Dad, Poor Dad.

Joy asked: The fiscal year of the corporation is 3/1, I was told the corporation tax due 5/15. can I file my personal tax by 4/15 or I have to wait after the corporation tax is done? thanks.
How about the profit of the corporation? Does it have anything to do with the my personal tax? [...]

Carlos G asked: I know for personal income tax i have to pay tax on any icome earned overseas but do the same rules apply to corporations.