Recent content by Tax Counsel

Naturally, the T&C would be important. However, it strikes me as unusual that the sales platform would agree that there was fraud but not refund the money the buyer paid. It would be a perverse system if the sales platform keeps the money, leaves its customer with the claimed defective item, and...

That will depend a great deal on the contract you have with Vinted. The site may refer to that contract as its terms of service. Read it carefully to determine how these situations are handled. If both you and the buyer are in the U.S. you likely may sue the buyer directly if Vinted won't issue...

The general rule for the Form 706 is that it must be filed within 9 months of the date of death or have the extension for the return filed by that date. If the extension is sent by mail, the USPS postmark date is the date that the extension is filed. However, if the return was not required to...

Bear in mind that rates for competitive services, like priority mail, are not subject to rate limits set by the Postal Regulatory Commission (PRC). The USPS merely needs to advise the PRC and the public prior to the rate change. The services that the USPS must get approval from the PRC are...

What is your goal? Are you paying child support and want that support obligation terminated? Is the mother pursuing a paternity case and child support? Is there any court order mandating you do anything with regard to the kids? Do you want to cut off the possibility they will pursue a claim on...

My thoughts are when driving any vehicle in the U.S. make sure that (1) the car is properly registered, you have the proper sticker on the license plate for it, and that you have a copy of the current registration with you; (2) you have current driver's license from your state of residence and...

You haven't told us any facts so there's not much anyone here can give you b way of advice. All you've said in terms of facts is that you expected to receive a package from the UK about a year ago. You've said that you don't know the value of the package, but think it's worth between $1million...

No. You don't have business. You co-own property together. Just having a LLC doesn't mean you need to file a Schedule C or a partnership return.

Yes, so long as you're not generating business income and are both alive or until some event occurs that makes the trust no longer eligible to be a grantor trust.

Is the trust a grantor trust (a revocable living trust is the most common type of grantor trust)? If the answer is yes than no federal income tax return will be required because under federal income tax law a grantor trust is a look-through entity like the LLC. All of the income, deductions, and...

Your post tags your state as Texas. Texas is a community property state. That means the spouses together own all the community property they have, even if only one spouse's name is on the deed. If you were to transfer all you interest in the home to the trust without the participation of your...

In general, when a LLC is owned jointly and is formed in the U.S. then for federal income tax purposes it is classified as a domestic partnership. Partnerships file form 1065 to report the income, deductions, and losses of the partnership and show the allocation of those items to each partner...

It's just the way English has developed in this country, as I think you well know. :D Today's English as used by the young often violates the rules of grammar I learned decades ago. I finally stopped attempting to correct them on it and accept that they consider their use to be perfectly fine...

As we bth have noted there's a lot of information we don't know. Normally it would be the actual homeowner I'd look to first as well. But the fact that they are suing the HOA suggests to me that this HOA may have had a direct role in the rentals. For example, in the resort areas not far from me...

It won't ever go into effect. There are already court actions for an injunction to prevent the post office from interfering in voting. This isn't one Trump can win. The USPO has no authority to screen mail and decide which to deliver and which to block other than packages containing illegal...