I just started a single-member LLC in October 2019 and haven't made any profit yet. Do I need to file quarterly taxes by the end of February for the 2019 tax year? Also, what about the ST-100 form for sales and use taxes, and how do I start collecting sales tax if I haven't made any sales yet?

January 16th, 2023

I am an assistant for 2 companies based in PA state and need help with sales tax issues, including R&D materials exemption, recording tax on purchases in accounting software, and understanding how to handle sales tax refunds. I have already consulted with some tax professionals but the issues remain unresolved. What steps should I take to address these concerns?

September 10th, 2023

I signed a contract for new solar panels in early December and they were installed on January 9th. Can I claim the deduction on my taxes for 2019?

December 25th, 2024

Regarding Forex trading and taxes, does one need to pay tax for the profits that aren't withdrawn from a broker account, and does this apply to unregulated (off-shore) Forex brokerages?

March 25th, 2023

Regarding local sales tax rules in Texas, how should I prioritize the collection of taxes when the local city rate where the job is conducted would cause me to exceed the 2% cap after adding the state's 6.25% and my place of business's local rate of 1%? Specifically, if there are special districts with rates that could still be added without exceeding the cap, should I collect those rates or omit them due to the priority rules?

November 11th, 2024