Brian R. asked
I am considering starting a Limited Liability Company for a business involving Automated Teller Machines. The business will involve cash transactions recorded on bank statements. What tax forms do I need to fill out to make my business legitimate, and what tax implications could I face? Are ATMs considered capital assets, and would it be better to use a third party for processing fees, which are deductible?
January 5th, 2023
Robert S. answered
When operating an LLC for your ATM business, you will file a Schedule C with your tax return, simila...
January 5th, 2023
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