I am trying to decide between forming an LLC or operating as a sole proprietorship and how I would file taxes in Florida. I am 49, married, and have no dependents. This decision is for a future sales representative position, and I am trying to prepare accordingly.

February 10th, 2023

My friend claimed me as a dependent without my knowledge, and I can't get a refund because of this. I made $3,300 from October to December, receive $500 a month from SSDI, and received $21,000 from my grandmother's trust. What should I do about my friend claiming me as a dependent, and how does the $21,000 from my grandmother's trust affect my taxes?

December 30th, 2023

We made a mistake on the books and are unsure how to correct it on the taxes. We had company A for many years, then opened company B last year with a different EIN and tax ID. One of the assistants deposited money belonging to company A into company B's bank account, and we have no records of these transactions. What is the best way to correct this mistake and ensure it doesn't affect future audits?

September 15th, 2023

How can I retrieve my IP PIN for tax purposes, and what are the steps if I am unable to do so online?

September 24th, 2024

I have a large investment check coming soon for my Nevada LLC, but I cannot open an LLC bank account until I have a filing number. Can I open a sole proprietorship business banking account to deposit the money temporarily to avoid capital gains tax, and then transfer it to the LLC bank account once it is established?

October 5th, 2024