Tax

Have a Tax Question? Ask a Tax Expert

Ask an Expert,
Get an Answer ASAP!

Tax

I have a question for Lane only regarding an LLC

Customer Question
I have a question for Lane only regarding an LLC
Submitted: 6 months ago.Category: Tax
Ask Your Own Tax Question
Answered in 11 hours by:
8/2/2017
Tax Professional: Scott Irving,
 replied 6 months ago
Scott Irving
Category: Tax
Satisfied Customers: 2
Experience: CPA at Irving CPA PLLC
Verified

Let me know if Lane isn't available. I would be happy to help you out with your questions.

Ask Your Own Tax Question
Tax Professional: Lane, JD, CFP, MBA, CRPS replied 6 months ago
Lane
Lane, JD, CFP, MBA, CRPS
Category: Tax
Satisfied Customers: 13,476
Experience: Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial & Tax advice since 1986
Verified

Hi Frederick - How can I help?

Ask Your Own Tax Question
Tax Professional: Lane, JD, CFP, MBA, CRPS replied 6 months ago

P.S. You asked the question at 11:02 pm (ea) after I had fallen asleep. I'll checing in all day today.

Ask Your Own Tax Question
Tax Professional: Lane, JD, CFP, MBA, CRPS replied 6 months ago

Hi, Fred ... Just checking back in. Likely won't be on much longer for the day.

...

Plan to be on ALL day tomorrow...OR feel free to give me a call.

...

Lane

Ask Your Own Tax Question
Ask Lane Your Own Question
Lane
Lane
Lane, JD, CFP, MBA, CRPS
Category: Tax
Satisfied Customers: 13,476
13,476 Satisfied Customers
Experience: Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial & Tax advice since 1986

Lane is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

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:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,312 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,362 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

Robin D.

Robin D.

Senior Tax Advisor 4

14,120 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,652 satisfied customers

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

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

R. Klein, EA

R. Klein, EA

Enrolled Agent

1,839 satisfied customers

Over 20 Years experience

< Previous | Next >

Related Tax Questions
If an estate is an LLC with only land rental income, will I
If an estate is an LLC with only land rental income, will I still use an estate tax return or a C corp return. … read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
What is involved to take a partner off LLC? TN. Only LLC,
What is involved to take a partner off LLC? JA: Can you tell me what state the LLC is registered in? Customer: TN JA: Has anything been filed or reported? Customer: Only LLC, Tax ID JA: Anything else … read more
Chad EA, CFP ®
Chad EA, CFP ®
IRS Enrolled Agent, CFP(R),
Master\u0027s Degree
1,300 satisfied customers
I have a partnership LLC that moved from Oregon to
I have a partnership LLC that moved from Oregon to California during 2017. After the move, the Oregon LLC was dissolved. Do I need to file LLC taxes in both states? How? … read more
Mark D
Mark D
Enrolled Agent
Master's Degree
1,312 satisfied customers
An llc gets income as a non employee to complete work for
An llc gets income as a non employee to complete work for another company. Is that taxable income? … read more
Lane
Lane
JD, CFP, MBA, CRPS
13,476 satisfied customers
Need help with an LLC in california, single vs multi
Need help with an LLC in california, single vs multi ownership - ito liability protection, taxes, sinplicity etc… read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,044 satisfied customers
This clientes they own a LLC that will operate as a rental
This clientes they own a LLC that will operate as a rental car online. Besides all the permites and local tax business receipt. How can I obtain the sales tax with IRS?We have 4 members in this llc, e… read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,044 satisfied customers
My LLC is a disregarded entity now and the owner is an S
Hello, My LLC is a disregarded entity now and the owner is an S Corp. The LLC holds a rental property and will collect rental income. Do I have to have the rental income go into the LLCs account now t… read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor\u0027s Degree
1 satisfied customers
How do I separate an LLC? I have an LLC for 19 years and
I have an LLC for 19 years and added my daughter 3 years ago but want to separate them now. It's two restaurants … read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
735 satisfied customers
I invested in money with an LLC that flips houses. The LLC
I invested in money with an LLC that flips houses. The LLC owns the houses and just returned my investment plus a split of the profits when the flip was complete. Since the LLC is a one person busines… read more
abci168
abci168
Principal
27 satisfied customers
My llc manages 5 properties that I own under another llc
My llc manages 5 properties that I own under another llc with my friend.Should the management llc give the other llc a 1099 for rent money from 2017?Or should I give my partner a 1099 for the same mon… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
LLC tax I would like to close the llc without paying
LLC tax I would like to close the llc without paying California franchise tax … read more
taxmanrog
taxmanrog
Master\u0027s Degree
815 satisfied customers
If LLC taxed as S Corp (1) wholly owns another LLC (2) that
If LLC taxed as S Corp (1) wholly owns another LLC (2) that is a disregarded entity, and a 2% shareholder is on (2) payroll, should workers compensation be included in that W-2?Basically, a 2% shareho… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
Changing being taxed as an LLC sole proprietor to an LLC
changing being taxed as an LLC sole proprietor to an LLC taxed as an S-corp, do they need to file Form 8832 or Form 2553 or both?If both, in what order?THANKS… read more
abci168
abci168
Principal
27 satisfied customers
A partner and I formed a LLC we each own 50/50 of the LLC. A
A partner and I formed a LLC we each own 50/50 of the LLC. A relative gifted me 70k to start up business. Will the LLC need to pay tax on that amount ?… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
We currently have two Members in an LLC. The LLC is taxed as
We currently have two Members in an LLC. The LLC is taxed as a partnership. Member 1 owns 70% and Member 2 owns 30%. We are wanting to sale 5% of our ownership to a new Member. Member 1 will sell 3.5%… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
Can I own assets in a LLC and not be a member of the LLC?
Can I own assets in a LLC and not be a member of the LLC? … read more
Chad EA, CFP ®
Chad EA, CFP ®
IRS Enrolled Agent, CFP(R),
Master\u0027s Degree
1,300 satisfied customers
Is it legal for an LLC to gift real property to an
is it legal for an LLC to gift real property to an individual without the fair market value gift tax/ … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
14,120 satisfied customers
Case: - a single owner of a U.S. LLC - disregarded LLC /
Case: - a single owner of a U.S. LLC - disregarded LLC / passthru - non-U.S. person living abroad in Portugal and being taxed there - no physical presence in the US - no physical goods sold etc - the … read more
Lane
Lane
JD, CFP, MBA, CRPS
13,476 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.

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