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page...
Contributing
capital?      I have an LLC, we are starting to
run low on funds as our LLC was established for our ghost hunting club.
This was so we could legally accept funds for ...
How
to classify myself under an llc so that at the end of the year I dont
pay FICA on my divdends?      How do I to classify myself under
an llc so that at the end of the year I dont pay FICA on my dividends?
I had heard there is a way to accomplish this!...
Registered
agent      hi I wish to be the
registered agent to my llc company in Virginia. What is
the form do I need to fill in and submit to VA state corporation
commission ...
I
am an actor. Should I incorporate myself and will that help with
writeoffs?      I am an actor and keep diligent
records of all my expenses for tax purposes. I am being audited this
year because of this. Would incorperating myself be ...
How
to deduct Property Tax for single member LLC
Not rated yet I have a single member LLC that only has a
single lake front property as its sole asset (Land only). No income. It
is being held as an investment.
How ...
need
to file return for LLC Not rated yet Do
I need to file a return for an LLC that did no business at all in 2008?
LLC is between me and my three brothers. No revenue, no expenses, no
activity ...
New
Business no money do I file taxes Not
rated yet Hello i got an EIn number in 2007 for an llc that
I had opened, but things happened and I could not get my store up yet.
i have not made any money from ...
I'm
a single member LLC with a question about owner's draws.
Not rated yet What is the difference between owner's draws
and guaranteed payments? I take a draw each month based on the net
profit in the LLC for the month so the ...
Single-member
LLC veil piercing protection Not rated yet I
am in the process of filing to form my LLC company. I was going to file
for it to be treated as a single-member LLC, but how real is the
possibility ...
As
a single member LLC should I pay taxes under my EIN or SS# ?
Not rated yet As a single member LLC, should I pay taxes
under my EIN or SS# ?
Answer
You
are going to file your taxes using your 1040, under your SS#.
Your
...
sole
proprietorship to single member LLC? Not
rated yet Thank you very much for your help.
Should
I convert my sole proprietorship (and EIN #) to a single member LLC? if
so, how do I estimate the "fair value ...
LLC
after January 1st? Not rated yet Hi,
I am thinking on forming a single member LLC in NY. Is there
any benefit on waiting until January 1st to file my papers? thanks
Answer
The ...
Established
LLC/S Corp investing in a new LLC Not
rated yet I am a 50% partner in an LLC/S Corp. My partner
and I want to establish a second business (unrelated to first) first as
an investment (hopefully for tax ...
In
Arizona a multi member LLC has losses-is there anything to file?
Not rated yet If an Arizona LLC has losses, are there any
legal forms to file?
Answer
Only
if you want to reduce your taxes :)
This applies
to all LLCs, not ...
Adding
Member Not rated yet I started
my LLC in 2008, and I got an EIN for single-member. Now I need to add
my dad to the LLC. So, I am going to get a new EIN.
Do
I need to file ...
Old
Sole Proprietorship, New SMLLC: How to Handle Taxes?
Not rated yet I have filed a Schedule C with my tax return
for years for a very small business I have that in recent years has
some-but-not-much income annually. I have ...
Paying
LLC owners a bonus with minimal tax impact?
Not rated yet Is it possible to avoid additional tax burden
by paying the owners of a LLC a incentive pay for staying or making a
company profitable?
Would this ...
I
have a LLC for snowplow removal but no expenses
Not rated yet I have a LLC for snowplow removal but no
expenses. My friend own a snowplowing business in which I help him. I
have opened my own LLC and he pays the ...
when
do i pay taxes and how much Not rated yet I
just started my business snowplowing. I will probably make around
$2000.00 between now and March. How do I pay taxes, four times a year
or just at ...
will
my business taxes affect my personal taxes
Not rated yet i started a business and i have a tax id for
the business. will this effect my personal taxes when i file with my
wife.
Answer
Yes,
assuming that ...
Paying
Taxes Not rated yet I just
formed my LLC in September of this year. I have yet to make a profit
due to still trying to purchase necessary equipment, etc. Next year, if
I have ...
Paying
LLC Taxes Not rated yet If you
don't make a profit from your LLC, do you pay taxes on the money you
put in the business?
Answer
If
your LLC has a loss (revenues - expenses ...
can
I use my LLC as a deduction for my personal income?
Not rated yet Can I use my LLC as a deduction for my person
income taxes, and if so how do I?
Answer
Assuming
that your LLC is taxed as a partnership or sole ...
LLC
structure for a retailer in San Francisco?
Not rated yet I own a retail store in France. I want to open
the same in San Francisco. Is an LLc the right choice? Thank
you.
Answer
Are you a
US citizen?
The ...
Keep
money in the LLC Not rated yet With
a single member LLC the questions here are concerning most of the times
how to "pay yourself"/how to get money from the LLC bank account. What
happens ...
llc
tax advantages and disadvantages Not
rated yet I looking to start my own LLC and I was wondering
what the tax advantages and tax disadvantages are to being an llc?
Answer
The main advantages ...
paying
members of an llc for services performed
Not rated yet Is it possible for a Member of an LLC to
become an employee of the Company and receive a regular salary?
In
a related question, I have an LLC that received ...
LLC
Tax classification Not rated yet We
are a 3 member family owned and operated LLC located in Maryland. We
have no employees and do all the work ourselves. We are primarily women
owned ...
to
incorporate now or later ? Not rated yet Do
you have to an existing business to incorporate ? Or can
you incorporate now and open the business later ?
Answer
You can form your limited ...
member
tax return required Not rated yet My
employer changed from a corporation to an LLC. What will I receive in
place of the W2? Will i just file my normal 1040 with Schedule Se.
Answer
...
Single
Member LLC - Texas :: Franchise Tax Not
rated yet Do single member LLC's in Texas avoid the payment
of the Texas franchise tax (margin tax)?
Answer
Unfortunately,
no.
According to the the ...
Does
LLC protect a business in a divorce? Not
rated yet If I have been working a business by myself, can I
form an LLC and have my business protected in case of a divorce?
Answer
Are you already married?...
My
Wife and I are going into business together
Not rated yet My father owns a small counseling service
(llc) that my wife and are going to be taking over. How should we set
this up? Should it be under one of our ...
if
income is under 2k do I need to pay taxes on that
Not rated yet We are a club, garden state ghost hunters LLC.
We went LLC so as we can have small ghost tours to generate funds to
help our club obtain equipment.
Neither ...
Taxing
profits from a LLC that have already been taxed
Not rated yet I have a lot of cash in my LLC. I have been
paying taxes on the profits for years via a regular payroll so the
money in my LLC has been taxed once. Now ...
where
I can get a list of LLC tax deduction items
Not rated yet where I can get a list of LLC tax deduction
items?
Answer
Henry,
excellent question, that I'm going to have to get back to you on.
The
general ...
how
best fo "pay self", employees, in single member LLC
Not rated yet Hi, thanks so much for your help and
information.
My question concerns the best way
to structure budgeting for paying employees and myself in a single ...
Home
address as LLC address Not rated yet Using
your home address for your LLC address, won't that be a bit confusing
in terms of your personal bills, utilities, even to your mail carrier,
etc?...
Sales
& Use Tax Not rated yet I
would like to start a telephone survey llc in Connecticut. I am unsure
if this new company will be subject to Sales & Use Tax for
selling respondent ...
I'm
forming a real estate LLC with concerns about taxation
Not rated yet My goal is to acquire 3 new properties a year
and then rent each property to tenants. There are 7 other members of
this LLC. What is the best way to arrange ...
I
have an in home child care Not rated yet I
want to know if I can claim rent, utilities, home and health insurance,
internet service, phone, and food(children's meals) that I puchase on
my taxes ...
LLC
and Franchise Tax Not rated yet If
your SMLLC is organized in Texas but doesn't operate in Texas, is it
still obligated to pay franchise tax?
Answer
Unfortunately,
yes. Failure ...
paying
yourself in an LLC Not rated yet When
paying myself in my LLC, can i simply make online transfers to my
personal checking account? If so, how often will you
recommend i do this throughout ...
payroll
taxes for pllc vs. pc Not rated yet i
formed a pc and now realize i have to pay myself via payroll and deduct
taxes and send to irs etc...if i convert to a pllc can i take draws as
i please ...
Corporation
Never Made A Dime, Do We Have To File Taxes?
Not rated yet We have a Florida corporation that is over a
year old and has never made any money. Do we need to file tax
statements for the year or pay penalties for ...
Tax
Help Reimbursements / Deductions with LLC
Not rated yet I have a business bank account. All of my
payments from the website go directly the LLC bank account. I have done
some research and I've been reading that ...
Do
i have to file personal income from paychecks made from own LLC?
Not rated yet I have an LLC, if I make myself a pay check
every month, do i have to file personal income? meaning that I'd have
to file taxes for the LLC, and personal ...
Credit
cards Not rated yet Too much
on credit cards,for personal use not LLC,what can I do with this debt ?
Answer
I'm not sure exactly what your question has to
do with ...
Multi
Member LLC and SE tax Not rated yet I
am an employee of a company and pay my appropriate taxes through my
paycheck. I also own 50% of an LLC of which I trade securities through.
Do I have ...
Do
I need to set up an LLC to trade stocks?
Not rated yet Starting out as a part time private stock
investor. However, have invested $ already in training programs, and
will continue to travel to classes, and ... |