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I Am A US Citizen And I Live Out Of The Country. Do I Need To File Tax Returns In The US And Is My Income Taxable?
User Photo Manasa Nadig
Tax Professional Level: Tax Enthusiast

The US taxation rules are based on Citizen Based Taxation or CBT. So the answer to this question is "Yes, a US Citizen has to file US Tax Returns even if living out of the country". One can take the Foreign Earned...   Read More
As A Touring Musician, Am I Responsible For Filing Tax Returns In Every State In Which I Perform?
User Photo Benjamin (David) Goldberg, EA
Tax Professional Level: Tax Enthusiast

The answer is that it depends upon the state in which you perform, and how that state treats the taxation of non-residents who have earnings from a source within that state.   Read More
0 0 Musician
User Photo John Dundon, II EA
Tax Professional Level: Tax Wizard

As in life itself - it depends. For US taxpayers that do NOT qualify for a Social Security number an ITIN is mandatory as part of your filing requirements. You must first apply for a SSN and if you get rejected...   Read More
User Photo John Dundon, II EA
Tax Professional Level: Tax Wizard

If you are a US Taxpayer without a Social Security Number, yes. Check out this post for more information ... http://www.johnrdundon.com/do-you-need-an-individual-taxpayer-identification-number-itin/   Read More
User Photo Keith Kenward, CPA
Tax Professional Level: Tax Enthusiast

The current income tax rate for individuals in Michigan is 4.25%.   Read More
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

I would presume that you were a resident in California just prior to moving to Israel. If the pension was taxable in the state while you lived there, it would remain taxable during your period of time you are in...   Read More
0 0 1099-R
User Photo Caran Ebert, CPA
Tax Professional Level: Tax Enthusiast

Starting a new business is not for the unprepared or faint at heart. My advice is to start small as a sole proprietorship, under a dba (Doing Business As) registered with your county recorder or you can you’re...   Read More
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

It's not a matter of what I think, it is the law that is important here. First, increasing your net operating income by not taking depreciation actually decreases your cash flow as you are paying more tax....   Read More
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

You can't use current FMV. You need to make a reasonable estimate of the value as of the time of conversion, and be able to support your valuation with external invormation such as listed prices of similar assets...   Read More


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User Photo Kathryn Morgan

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User Photo Caran Ebert, CPA

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User Photo Lisa Nason CPA, MST

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Managing Shareholder

User Photo Gary Carter, PhD, MT, CPA

Edina, Minnesota, USA

President

User Photo NEERAJ BHATIA, CPA

Santa Clara, California, USA

Tax Principal - President

User Photo Bill Robinson, CPA

Chattanooga, Tennessee, USA

Owner

User Photo Hugo Van Zyl

Stellenbosch, South Africa

Exchange Control & Master Tax Practitioner (SA)

User Photo Douglas Stransky

Boston, Massachusetts, USA

Tax Partner, International Tax

User Photo Larry Stolberg, CPA, CA

Toronto Mississauga Oakville Burlington Hamilton, Canada

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User Photo Dr. Daniel Erasmus

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Managing Partner/EMEA

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