I just created an LLC and have a few questions. First, is it better to file a separate return or include the LLC on my personal return? Second, what is the best way to pay myself from the LLC, and how would that affect my taxes? If I pay myself, would I get taxed on that income twice? Third, as an eCommerce business with a registered retail merchant certificate, who do I charge Indiana sales tax to? Since customers purchase from me and I am located in Indiana, does that mean the transaction took place in Indiana and everyone pays the sales tax?

July 10th, 2024

As an F-1 visa holder, is it legal to crowdfund as a business rather than as an individual, and if I hire someone to run the company, am I still within legal boundaries?

July 15th, 2024

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