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I currently have a partnership LLC and my business partner
Hello - I currently have a partnership LLC and my business partner has handed her share over to me (she is leaving the LLC.) I am trying to figure out if I need a new EIN number? … read more
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My client wishes to cease operations (LLC) in California
My client wishes to cease operations (LLC) in California effective 10-31-2018. I am assuming a final tax return has to be filed before the SOS will oblige? Can I use 2017 tax forms to file a "final" f… read more
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I am currently doing my 2017 taxes for a multi-member LLC Rental Property Partnership (note – earlier submitted tax filing extension in Feb 2018). To simplify tax preparation for next year, my wife re… read more
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I have an LLC partnership in. The other partner is 0%
I have an LLC partnership in KY. The other partner is 0% involved. I included my income on my personal taxes in 16 and 17. KY contacted me and said I need to file 765. I need help taking care of that … read more
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I want to disband a Wyoming LLC and I have a few other
I want to disband a Wyoming LLC and I have a few other questions regarding the process. … read more
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We have an Illinois LLC, started by two partners. One
We have an Illinois LLC, started by two partners. One partner (my LLC) has 80% ownership, the other (individual) 20%. We were in discussions with another partner and offered him 8% equity, 3 years ago… read more
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I am in the process of filling out Form 8832 to change the
Hello, I am in the process of filling out Form 8832 to change the classification of my LLC from a partnership to a disregarded entity. At the time of its formation (12/27/16), it was agreed between my… read more
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Lane, Always something interesting. I have a client who for
Hi Lane,Always something interesting. I have a client who for the past 2 years has been filing a 1065 with a GP as 98% ownership and an LP as 2% owner. As it turns out, the legal documents were never … read more
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I have a single member LLC. i have 2 small investors,
hello. I have a single member LLC. i have 2 small investors, neither is on the LLC. What tax form or schedule should i give them to show their investment which as a capital loss? … read more
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We have an LLC started as partnership with 2 members. Now we
We have an LLC started as partnership with 2 members. Now we want to file returns as Single member LLC. How can we do that? We have registered with couple of states. with Texas, California(Foreign), N… read more
Lev
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We obtained FED EIN in 2015 with multimember LLC and
We obtained FED EIN in 2015 with multimember LLC and registered as multimember LLC with AZ State as well. After this in DEC 2015, we amended our AZ articles to just a single member LLC. Our question i… read more
emc011075
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A spouse resigned as a member of an LLC in 2013 leaving the
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I have a two member LLC where the members want to change the
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I stopped providing services on Nov. 29th 2010 to a US company
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Whats the best way to handle following Partnership LLC company.
What's the best way to handle following: Partnership LLC company. One of the two partners uses own car for 50,000 business miles. Reimburse him for 50,000 X .55(27,500) out of the partnership. Then cl… read more
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The company was a 2 member LLC, formed in Wisconsin in 2005
The company was a 2 member LLC, formed in Wisconsin in 2005 (not incorporated). For the years 2005 - 2008 taxes were filed as a partnership. There never was a ‘partnership' agreement of any sort. As o… read more
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Need someone who does work with LLCs.....If I am looking at
Need someone who does work with LLC's.....If I am looking at an LLC operating agreement and it says Managing Members Interest Class A voting a- 25% b 12.5% c 12.5% and then there are listed 3 Limited … read more
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I convert 2-member LLC (with my spouse) to single member (just
I convert 2-member LLC (with my spouse) to single member (just myself). Conversion date is 02/01/2008. Currently I own 75% and my spouse 25% of interest in LLC. The only assets, LLC has, are PC-like e… read more
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