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My question is regarding dissolution of my LLC and the
hello my question is regarding dissolution of my LLC and the annual LLC tax.I want to dissolve my LLC this year , its a single member LLC. how long does it take for the papperwork to process? if the p… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,512 satisfied customers
PLEASE LEAVE THIS QUESTION FOR LANE Lane, I am not sure how
PLEASE LEAVE THIS QUESTION FOR LANEHi Lane,I am not sure how familiar you are with NJ tax law, but this relates directly to it.Here is the situation:I have a client who gets a K-1 from an S-Corp and h… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
15,551 satisfied customers
I have a small S-corporation, employing only myself, and sub
hi, I have a small S-corporation, employing only myself, and sub contracting 2 other people (1 of them being my husband). It is an Arts Education company, which mainly provides classes to preschools. … read more
Carter McBride
Carter McBride
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I owned a LLC and it was classified as an S-Corp where I was
Hello, I owned a LLC and it was classified as an S-Corp where I was an employee in Tennessee. I received payroll checks from 01/0517-04/05/17 in Tennessee through the LLC. The Tennessee LLC was dissol… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
6,066 satisfied customers
I did not file my inc taxes for the last 3 years. As a
I did not file my inc taxes for the last 3 years. As a result my corporation was dissolved by proclamation in the state of New York. It was always an inactive business. I opened the corporation thinki… read more
Tax.appeal.168
Tax.appeal.168
Principal
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I have an S Corp. in NJ. I recently and permanently moved to
I have an S Corp. in NJ. I recently and permanently moved to FL. I would also like to move the S Corp. to FL. What specific steps are required?… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
15,551 satisfied customers
! I am a Single Person LLC organized in California on 9/8/14. I moved to Texas in O
Hello! I am a Single Person LLC organized in California on 9/8/14. I moved to Texas in October and have only done business in Texas (online furniture sales). No sales have been done in California at a… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
15,551 satisfied customers
Hi, I have an LLC in the State of Maryland. It has been
Hi, I have an LLC in the State of Maryland. It has been dormant since inception (April, 2012). We are back-filing for the past two years because I have S-Corp status and didn't realize that triggers f… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,512 satisfied customers
Holding Company [subchapter S Coporation]owns a single member
Holding Company [subchapter S Coporation]owns a single member LLC ["SMLLC"]. The SMLLC had elected S Corporation status. 1) Can Holding Company be a member in a SMLLC that has made the Subchapter S el… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
15,551 satisfied customers
Our S-Corp went "under" around 2008 (cabinet maker). The corporation
Our S-Corp went "under" around 2008 (cabinet maker). The corporation AND my husband received a 1099-C for a line of credit the corp had with the bank. Where do I enter this - on our 1040 or 1120S? As … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,512 satisfied customers
I would like to switch from LLC to sole proprietorship (I know,
I would like to switch from LLC to sole proprietorship (I know, most go the other way). Can I continue with the same books except file taxes under a different EIN or do I have to completely "close" th… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
15,551 satisfied customers
Hello, and thank you in advance for taking the time to answer
Hello, and thank you in advance for taking the time to answer my rather complicated question... I am currently a Nevada resident, and have a single member LLC in the State of Nevada that is split into… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,512 satisfied customers
Hello, & thank you for your response. I have a follow-up question.
Hello, & thank you for your response. I have a follow-up question. Do I have the option of not filing corp returns and just reporting all of the income as self-employment inc? My situation is as follo… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,512 satisfied customers
I am owner of a CA S-corp started in 2010 and must file federal
I am owner of a CA S-corp started in 2010 and must file federal 2011 taxes but I have done nothing with it as I have been unemployed since the start of this business and exhausted my start-up money. N… read more
R. Klein, EA
R. Klein, EA
Tax Advisor
Master's Degree
4,670 satisfied customers
Fla S corp. converts to LLC. In Florida ... when can convert
Fla "S" corp. converts to LLC. In Florida ... when can convert a corporation to an LLC with the Fla sec. of state. If my corp. before conversion is an S corp .... then the state of Fla gives it the ap… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,512 satisfied customers
We ( 2 persons) are thinking of opening a new business in Calif.--We
We ( 2 persons) are thinking of opening a new business in Calif.--We are trying to get as close as possible to the tax benefits of a sole prop--Is an LLC with the Scorp pass through the best option?--… read more
bizmatters
bizmatters
J.D.
666 satisfied customers
Hello, I have an s-corp for my decorating business that was
Hello, I have an s-corp for my decorating business that was started in Fl I have recently moved to NC and are not sure how to proceed. Should I close the corp and start a new one? I heard that becomin… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
i have a client who has recently began a small business, upon
i have a client who has recently began a small business, upon the advice of a lawyer he chose to incorporate. now he wants to change that to an llc. what steps does he need to take to do this? thanks… read more
RD
RD
Self Employed
Master's Degree
5,572 satisfied customers
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