Leaderboard

This is one of the more interesting aspects of our society. There are millions of employees in this country working with fake ID and invalid social security numbers. Both our federal and state governments happily accept the taxes withheld from these paychecks and employers suffer little or no penalty. Who do you think, picks our fruit and vegetables, works in our meatpacking plants, cleans our hotel rooms, and maintains our yards? Very few Americans will do this work.

Scanner, shredder, all this office equipment looks the same.

I don't know if this will work, but it is worth a try, I did this for a different form that wasn't transcribed and it worked. Call the IRS Business and Specialty Tax Line 800-829-4933 and have a 2848 ready to fax. For description, Line 3, use for description "Election by small business" Be sure to check the box on Line 4 "Specific us not recorded ....) Ask them if you can get a copy of the 2553 and - keep your fingers crossed Good luck!

No, I didn't have to do either. I had to provide Business Name, EIN, IRS Letter number plus a few other details plus a copy of the IRS letter. The letter code had to be on the dropdown list!

After I uploaded my response I received the following acknowledgement: "Your documents have been successfully uploaded. You may be contacted at a future date regarding your response. The current time is: Wed Aug 09 2023 13:21:48 GMT-0700 (Pacific Daylight Time)"

Run! If you offer advice on this at all it could constitute beyond tax advice into legal advice, and you definitely don't want that kind of risk exposure. I doubt your E&O or malpractice insurance would cover you. No matter the attractiveness of fees or having off-season additional work, imho this client is NOT worth the risk.

I'd run. Having compassion for their plight, nevertheless I'd still run). Even if it is possible to form an LLC in Mexico, there will likely be legal complications and reporting. In the end, when it blows up, all fingers will point back to you since you provided the advice (even if you didn't, you'll probably still be blamed).

If filing as non or part year resident, it still goes on Sch F. If resident it goes on Sch 5.

Taco Bell is giving away free tacos to celebrate. The big celebration comes on Sept. 12, a Taco Tuesday, when Taco Bell and food delivery service DoorDash will put $5 million towards orders from any participating vender selling Mexican food. More details on how the deal works will be revealed in the days ahead, the restaurant chain announced Tuesday. Between now and then, Taco Bell will give away free seasoned beef Nacho Cheese Doritos Locos Tacos on Tuesdays, starting Aug. 15 and including Aug. 22, Aug. 29 and Sept. 5. The offer is good at participating Taco Bell locations and on delivery orders in the Taco Bell app. There is no purchase necessary. The offer is limited to one taco per person per day, while supplies last. Delivery fees, taxes and tip will still apply. https://www.usatoday.com/story/money/food/2023/08/08/taco-bell-free-taco-tuesday/70551422007/