asked
I started an LLC with my wife and listed each other as members. The LLC was formed last year with no income or expenses. Can I file for 1065 this year and later switch to an S Corp tax structure using Form 8832? If I file an 1120s with no income and no expenses, will I still be an LLC, and how do I fill out the K-1 form for stock assignments and ownership percentages?
March 23rd, 2024
How can I obtain an IRS Form CP 575?
February 23rd, 2023
How do I find the right CPA or attorney in Los Angeles to help me with putting a profits interest agreement together with a new potential partner? I've had difficulty finding someone who understands profits interest as described in this article: http://www.mwe.com/publications/uniEntity.aspx?xpST=PublicationDetail&pub=5760. I need guidance on whether to find a CPA or an attorney for this task.
September 18th, 2023
I am retired with an income of less than $30,000 for me and my wife. Am I required to file a tax return for the years 2008 through 2018? I have heard of a person getting a refund who is in a similar situation and is not having any withholding. Is this possible? I am 79 years old, and my wife is 75.
May 5th, 2024
I am an equipment supplier based in San Jose, CA. I sold a piece of equipment to a company in Michigan for $6,000. Do I charge sales tax on the final invoice, and if so, how much?
October 5th, 2023
If my wife works part-time in Hawaii and I am an Alaska resident with a second home in Hawaii, will I be taxed on my Alaska income?
April 10th, 2023