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I was a little confused about this.LLC have until 1/1/25 if they were registered before 1/1/24. There is an exemption if it is inactive but I am unsure if that ...
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Back in 2021 during tax season, one of my clients notified me he got married in 2020. His Spouse was from Malaysia (which the US doesn't have a treaty with). Sh...
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He mentioned another account with min in it. (Pretty annoying as I always ask all of my clients if they have any foreign accounts, pensions brokerage, etc each ...
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Client was a UK citizen before moving to the US several years. (this was long before he was my client however).Client definitely doesn't have 10% ownership so i...
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I have a (up to now) pretty standard taxpayer.This year he notified me that he received a distribution from BSG (A UK private Equity firm). He provided the capi...