Stack Exchange Network

Stack Exchange network consists of 175 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers.

Visit Stack Exchange

Questions tagged [tax-law]

Dealing with the constitutional, common-law, statutory, tax treaty, and regulatory rules that constitute the law applicable to taxation.

3
votes
1answer
55 views

Does the federal government have authority to impose tax laws at the state level?

I was reading IRS Stops Attempt To Bypass Trump Tax Law, MD Lawsuit Continues. The article states: ... The IRS said Tuesday that states cannot bypass a $10,000 cap on state and local tax (SALT) ...
14
votes
1answer
3k views

Can U.S. Tax Forms Be Legally HTMLified?

If I want to have a U.S. government tax form, like a W-9, be able to be filled out on my website, can I convert it to html (so that it looks as identical as possible to the original form), have the ...
0
votes
0answers
15 views

Is a travel agent obligated to support/accept tax-exempt certificates and process refunds for all states?

If a travel agent based in AZ is the charging party, brokering a hotel in TX, and the guest provides a TX tax exemption certificate, is the travel agent obligated to accept/process it and provide a ...
2
votes
4answers
159 views

Schwab 401k 'hacked'; somehow they added/linked an unknown bank account and transfered out ~10% of my balance!! How

I recently received a couple of 'notification' emails from Schwab re. the approval/completion of various changes I supposedly requested to an old 'inactive' (past employer) 401k account, including: ...
6
votes
1answer
3k views

Is this story about US tax office reasonable?

Ages ago I read a nice story that sounds quite reasonable, but might be complete nonsense. Here it goes: A private detective in the USA has lots of lawyers as customers. And they are notoriously ...
2
votes
2answers
73 views

When do you need to request a W9?

I know that a W9 is required when paying over $600 to a US individual or company that is your vendor. What I'm confused about is why you don't need to request a W9 if you walk into best buy and have ...
0
votes
2answers
46 views

What is the 83b Election postmark filing deadline?

I am getting mixed opinion on how the 83b deadline is interpreted and need clarification, due to the potential financial implications. Does the 83b election need to be filed 30 days beginning on the ...
0
votes
1answer
53 views

Tax fraud, revealed on the show

A person on disability, supposedly can only make $1000/month without having to report that income to the IRS. If a person on the show is shown to make more than they should, revealed in a case before ...
-2
votes
1answer
50 views

ARD / ZDF reduced bill or no pay at all

I have many years now "Tinnitus". I have already visited a doctor and he told me that i can use a hearing device or i should do an operation, if things go worse. A friend of mine said that as long i ...
0
votes
1answer
83 views

Congress and Trump's Tax Filings [closed]

I am very interested in Congress subpoenaing the IRS for Trump's individual Tax Return for the last 6 years. I realize they have oversight. But it would look to me as an one outside of the law ...
0
votes
0answers
26 views

Do I have to pay taxes on external savings?

I am thinking about moving to Canada to work, save for retirement, and move back to Portugal for retirement because of the lower cost of living. I will contribute to the Canada Pension Plan and also ...
3
votes
1answer
54 views

Who gets the tax credit, if I say yes to “Would you like to donate a dollar to xyz” at the cashier of a shop in the U.S.A.?

I often get asked by some fast food restaurants and other businesses to make a donation to such and such cause when I try to pay at the cashier. If I say yes, who gets the tax credit? Me or the ...
-2
votes
1answer
104 views

Is it legal for tax company to fail to protect my tax info from former spouse?

I file taxes with H&R Block. I divorced in 2016. My ex-spouse logged into H&R Block 4/13/19 and was able to view my 2016 and 2017 taxes. An H&R Block associate instructed me to contact ...
4
votes
1answer
87 views

Are there legal consequences if Trump's tax returns are not handed over?

In an April 13 letter that appeared to move Democrats closer to a federal court battle against the Trump administration, House Ways and Means Committee Chairman Richard Neal warned the IRS that ...
0
votes
2answers
35 views

Tax treaty and residence country taxation

Suppose you are a scholar that has a contract at a university in state S for less than 2 years, and you are resident in your home country, say Italy. Then you successfully apply for tax treaty ...
-4
votes
2answers
143 views

Why Elizabeth Warren effective tax rate is 22% and not 30% on $900k income [closed]

Today US Senator Elizabeth Warren released her family's tax returns, as reported here by LA Times. Article says that: Democratic presidential candidate Elizabeth Warren has released her tax ...
1
vote
3answers
59 views

Taxation in the U.S. for non-residents living abroad [closed]

I have the opportunity to get a small share of an acquaintance's LLC in the U.S. in exchange for some services. However, I am not a U.S. citizen or a resident of the U.S. - in fact, I have never been. ...
2
votes
2answers
114 views

Can I give money to another to give to charity, so she gets a deduction?

This is a question about Step Transactions. IRS, USA. Suppose I am retired and of limited income, so my tax bracket is about 10% and I don't itemize. I want to give $10,000 to a 501(c)(3) ...
5
votes
1answer
50 views

Would “ex post facto” apply to tax deduction laws?

Yesterday I had a discussion with my colleague. This year I am traveling rather large distances for work. My colleague asked me how I can bear the costs of travel. I told her it is ok, because the ...
0
votes
0answers
38 views

Sales tax nexus in Illinois for a “startup”?

I had a question around whether I would fall into sales tax nexus in Illinois. I have read through Illinois’ Revenue and tax information(https://www2.illinois.gov/rev/Businesses/Pages/default.aspx) ...
1
vote
2answers
52 views

How did the US enforce citizenship-based taxation before FATCA?

In 2010, Barack Obama signed "FATCA" (which has since been widely derided as a disaster) into law. FATCA essentially forces all banks in the world to help the US identify Americans who have money ...
0
votes
3answers
109 views

Is there a legal principle regarding laws that cannot reasonably be complied with?

Is there any concept in the legal world that covers laws that are too difficult or impractical to comply with? Here's an example; suppose an American moves to the UK and buys a house. The mortgage is ...
0
votes
5answers
119 views

Does a company or an employee have to pay income tax?

Here is a hypothetical situation: A person worked in company A for first 9 months in a year. They paid income tax for him. The remaining 3 months he worked in company B. This company assumed that the ...
5
votes
2answers
136 views

Can multiple states demand income tax from an LLC?

We are a Utah LLC providing SAAS (software as service) on cloud available to all US market. Wisconsin Dept of Rev. has assessed our LLC for partnership income tax, because they claim our company has ...
2
votes
1answer
74 views

Is a Florida corporation that shows no profit or losses required to file taxes?

A company is incorporated in the state of Florida; it was formed by a wantrepreneur. This company has no employees, no location, no profits, and no losses; the only proof this company exists is on ...
1
vote
1answer
39 views

Can EU companies legally circumvent charging VAT by using a foreign subsidiary?

Could an EU company open a subsidiary company outside of the EU and legally sell its services through it to citizens living in the EU?
0
votes
1answer
16 views

Designer starting business and what area of laws to investigate

What arrears of laws would be best to investigate if I am trying to open a original design business (flyers, graphic tees, paper products)? Contract law,Business law, Copyright law? Specific ...
1
vote
2answers
110 views

Am I a taxable business?

I work for a company based in Massachusetts but I work off site in Connecticut. I rent an office to work from in the town where I live because I don't have adequate space for a home office. Recently,...
1
vote
1answer
49 views

For products shipped across state lines, who gets the taxes?

Let's say a company registered in Delaware manufactures its products in Texas and sells them around the country online, and in person in New York. What taxes, and from which state(s), apply when ...
3
votes
1answer
114 views

Do teens have to pay tax for the funds they get from crowdfunding?

So Kickstarter allows non-adults to start a fundraising campaign with parents agreement. But how about the taxes after they (teens) received their funds? What type of taxes does Kickstarter's funds ...
0
votes
0answers
20 views

Can reporting illegal income be used as incriminating evidence? [duplicate]

As we all know, in the United States it is required to report and pay taxes on income obtained illegally. Can the fact that this income is mentioned on a person's tax return be used as evidence that ...
1
vote
0answers
22 views

Holding Period Algorithms and the Blockchain

According to this interview, taxation holding periods in the United States for cryptocurrency can be determined by FIFO (First In First Out), LIFO (Last In First Out), or a more flexible option called ...
2
votes
0answers
22 views

How to split Rent-a-Room scheme tax exemptions with joint owners

My brother and I bought a house together. I own 60% and he owns 40% (this is on the deeds). I live in the house and he does not. I have two lodgers living with me, who pay rent. Typically one is ...
0
votes
1answer
135 views

Identity Leakage - Universal Financials

I did my 2018 tax return with Universal Financials, LLC, and I got my tax review copy online. Then one of my colleague came and said he also did tax return filing through the same agency and he got my ...
1
vote
1answer
120 views

What should you do if you mistakenly charge personal expenses to a company debit card?

If someone accidentally uses the business (LLC) bank account for a personal expense, what does he/she need to do rectify the problem from a tax/legal perspective? Is it as simple as having the person ...
1
vote
1answer
163 views

Can I pay less taxes because of the government shutdown?

It's my understanding that the role of taxation is to maintain a functional government. At this time, I suspect that the U.S. government is saving quite a bit of money by not paying some subset of its ...
1
vote
2answers
264 views

Does the government have to accept cash for taxes?

If a government entity assesses a tax, does that entity have to accept cash and/or coins, or can they refuse such payments and demand check or card? Assume that it is perfectly normal to pay this tax ...
1
vote
2answers
56 views

Tax law and holding accounts (like Kickstarter)

Kickstarter is a simple example to highlight the question. Let's say I'm Kickstarter's malformed cousin Rickstarter and someone is raising 100k for a project between November and April on my site. ...
0
votes
0answers
15 views

Telecommuter tax burden - California worker for a Pennsylvania company

I am a California resident working remotely for a Pennsylvania company. My bi-weekly pay stub shows withholdings for PA state unemployment insurance. I don't see any withholdings for either the ...
-5
votes
1answer
34 views

Is there any country where wealth inheritance is taxed or restricted?

Is there any country where wealth inheritance is either taxed or restricted? How and how much?
0
votes
0answers
42 views

is a state-run monopoly a market participant?

Hypo: A state wishes to tax alcohol to raise revenue while at the same time protect their local producers. They have settled on accomplishing this by prohibiting the sale of liquor in privately-owned ...
0
votes
3answers
244 views

How can the the USA legally ask illegal immigrants to pay taxes while denying them any legal basis of citizenship?

According to a report released by The Institute of Taxation and Economic Policy in February 2016, they state that: 11 million illegal immigrants in the United States are paying annually an ...
1
vote
1answer
54 views

Open transactions: how to get open transaction treatment in US tax law?

In tax law class we said that getting open transactions is highly unusual; there are sophisticated ways of estimating future revenues so a truly indeterminate stream of revenue is not likely. But I ...
0
votes
1answer
60 views

What are “US Business Activities” and “Effectively connected income”, again?

I know this is a confusing matter and there's been number of questions here and articles elsewhere, but maybe it would be simpler in the situation explained below. Assume there's a non-US company ...
0
votes
1answer
83 views

Is there tax in Michigan for packaged food (steaks) sold door to door?

I had some guys come to my door last week to sell some frozen steaks in vacuum packages. They said they would have to charge tax on the retail value. Is this correct?
2
votes
1answer
98 views

Why is English law so important to finance?

What are the features of the English law that make it so indisposable to international finance and particularly offshore companies? I've recently bumped into this passage when reading about Cyprus, ...
1
vote
0answers
20 views

Will Alimony Payments be Tax Deductible if a Support Agreement is Signed in 2018 but not Actually Ordered by the Court until 2019?

I know that starting in 2019, alimony payments are no longer tax deductible, but that agreements entered into before 2019 are grandfathered in. What counts as entering into an agreement for this ...
0
votes
1answer
31 views

Under what circumstances do you have to report the income of your LLC for the state of Michigan and how often?

Under what circumstances you have to report the income of your LLC and how often in the state of Michigan? I have a friend with a business license operating an LLC in Michigan and he told me that he ...
3
votes
3answers
158 views

If I don't live in a school zone, I shouldn't have to pay for that school's property taxes, correct?

My wife and I bought a house this year. We live just outside of my cities municipal school zone. We don't have any kids so we didn't think much of looking into the school zone maps when we moved. ...
2
votes
1answer
28 views

Is it legal for a non-profit to omit the salaries of their deputy director and other lower level directors on Form 990?

I'm looking at a the Form 990 for a small non-profit, and I'm noticing that under administrative/management expenses only the Executive Director's salary is listed. I know there is a Deputy Director ...