Finance

Have finance questions? Ask a financial expert online.

Connect one-on-one with {0} who will answer your question

Related Finance Questions
My wife has a sole proprietor LLC. When she pays herself
My wife has a sole proprietor LLC. When she pays herself every month with a check, we keep track of this for our income tax return. Does the LLC itself has to pay taxes also?… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
10,141 satisfied customers
I need help with a small business auto depreciatiton
I need help with a small business auto depreciatiton queston … read more
HowardD414
HowardD414
ATTORNEY/CPA
LLM
124 satisfied customers
I started making money buying currency from my bank and
I started making money buying currency from my bank and selling it to money dealers for a profit. I want to start a business so I can deal with larger sums of cash... Should I start an LLC? How do I f… read more
R. Klein, EA
R. Klein, EA
Tax Advisor
Master's Degree
3,228 satisfied customers
January to April i was a 1099 contractor(massage) sole
January to April i was a 1099 contractor(massage) sole proprietor, That business went out of business, I form a corp (04/22/19) tried to save it, couldn't. changed LLC name, opened an office 1 June 19… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
21,476 satisfied customers
I am opening a Cleaning Service Business in Dallas TX. I am
Hello! I am opening a Cleaning Service Business in Dallas TX. I am not sure whether to file as an LLC or sole proprietor. … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
42,097 satisfied customers
Qe We sold and We sold a condo this year and bought a
Qe We sold and We sold a condo this year and bought a multi-family the same day. Eager to have a separate account for a business- we dumped all of our proceeds into a business account. We've used mone… read more
Carter McBride
Carter McBride
LLM
8,249 satisfied customers
I'm trying to decide if our business needs to complete a tax
I'm trying to decide if our business needs to complete a tax return for this year. We began preparing our Martial Arts Academy in December (painting, building of toilets etc) however we didn't open th… read more
Tax.appeal.168
Tax.appeal.168
Principal
8,188 satisfied customers
I recently formed an LLC and am a 49% interest Member and
I recently formed an LLC and am a 49% interest Member and one other person has 51%. We have 4 trucks and are contracting with the US Forest service. I expect income of about $200,000 per year, so abou… read more
Mr. Tax
Mr. Tax
CPA
Master's of Science
1,010 satisfied customers
My husband and I just formed an LLC. He does some consulting
My husband and I just formed an LLC. He does some consulting work and I'm a fitness instructor and Personal Trainer. Most of my work is 1099 with a couple of gyms I teach paying me as a W-2 Employee. … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
4,197 satisfied customers
I already have a tax ID number for my sole proprietorship
I already have a tax ID number for my sole proprietorship business but i'm thinking of changing to an LLC. How would i change this… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
21,476 satisfied customers
I am electing to have my business taxed as an S corp this
I am electing to have my business taxed as an S corp this year, I am a llc now, I want to know what I need to do to my accounting records now that I will be an s corp. I've already set myself up with … read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
8,866 satisfied customers
Question.- Im a tax preparer have a client that does
question.- Im a tax preparer have a client that does cleaning on houses and during the entire year she deposit $45817.00 but of course she only had like $3500.00 in expenses but did not pay herself a … read more
Robin D.
Robin D.
Vocational, Technical or Trade School
24,063 satisfied customers
My husband and I opened a restaurant in December of 2005, under
My husband and I opened a restaurant in December of 2005, under a sole prop. In March of 2006, we closed the sole prop, and opened an LLC. This is how we ran the restaurant until we closed in 2008. Ab… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
2,225 satisfied customers
We have just started an LLC, its only my Managing Partner and
We have just started an LLC, its only my Managing Partner and myself. Both of us being Managing Partners. We have had expenses starting or dating back from July 13' this year in which the company was … read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
2,225 satisfied customers
A Question for Charles Greiner, Certified Public Accountant
A Question for Charles Greiner, Certified Public Accountant (CPA). Here is the scenario. A business was an LLC- sole but we decided to covert to an LLC - S Corp for 2011 retroactively.. His business h… read more
rgb02a
rgb02a
Chief Financial Officer
Bachelor's Degree
16 satisfied customers
Launched a virtual business. Selling web content writing services.
Launched a virtual business. Selling web content writing services. Set up as an LLC 4 months ago. We are grossing $25k+ in the first 4 months. Obviously estimating 100k+ in our first year. One member … read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
8,866 satisfied customers
okay so now we kept the corporation in name with the history
okay so now we kept the corporation in name with the history but added two members who are now the owners. Since the last change we are now a partnership "I assume" since we have two owners rather tha… read more
Taxtom
Taxtom
Accountant
Bachelor's Degree
1,306 satisfied customers
My husband & I have been married for 42 years. He retired
My husband & I have been married for 42 years. He retired in November of last year at age 62. He has a pension check of approx. $717 a month and soc. security of apprx. $1200 a month. I have not worke… read more
Mic
Mic
CEO
Working on PhD in Hypnotherapy
174 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,614 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

2,305 satisfied customers

More than 5000 online tutoring sessions.

Megan C

Megan C

Certified Public Accountant (CPA)

2,225 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Dave CPA

Dave CPA

Accountant

231 satisfied customers

I'm a CPA with over 10 years of experience

ConceptsCoach

ConceptsCoach

Certified Public Accountant (CPA)

171 satisfied customers

Chartered Accountant and MBA

sgriffin26

sgriffin26

Loan Officer

93 satisfied customers

Licensed RE Agent, Loan Officer, and NMLO. I have been in residential lending for over 10 years.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x