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I am an owner of LLC in Texas. This year our company will
I am an owner of LLC in Texas. This year our company will make some profit (Real estate investing fix and flips.) I already know to give K-1 forms to my investors, butafter eah flip we reenvest money … read more
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There are a few elements so ill try to be consise.My customer's company is an LLC treated as partnership (3 members) who operate a professional skating team. Last year (start) They received a $70,000 … read more
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If you are a general partner in a partnership are you
If you are a general partner in a partnership are you allowed to be paid any compensation through payroll if you are still going to file a 1065 and receive a K-1? If you are a limited partner can you … read more
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If you have an LLC can you file a 1099 and a k-1, I have a
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Who are issued 1099-MISC? Only individuals working as sole
Who are issued 1099-MISC? Only individuals working as sole proprietors? What about LLCs and C Corporations?… read more
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1099-MISC (2012), box 1, Rents $6,xxx was received in the SS
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I flipped a property in 2012 doing a double close. The seller
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I am a financial advisor have recently partnered with another
I am a financial advisor have recently partnered with another advisor through the creation of an LLC. Both he and I receive 1099 income from our broker/dealer that we need to direct to our LLC, from w… read more
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I helped my partners LLC with bookkeeping, financial analysis...etc,
I helped my partner's LLC with bookkeeping, financial analysis...etc, the LLC send me a 1099-misc for 2011's work with $6800. The LLC didn't sent me check directly but include it with my partner's gua… read more
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Do virtual disaster recovery provider (an LLC filing as Partnership)
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If I send a check that has two payees (not related) on the
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I was laid off in January 2009 from my previous employer and
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if i worked on 1099 in 2008 and before, is it possible to now
if i worked on 1099 in 2008 and before, is it possible to now form a S corporation or geneal partnership to reduce 2008 self employment tax?… read more
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My husband has an LLC which has 4 members. The accountant
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I need help filling out a schedule k for me and my partner.
I need help filling out a schedule k for me and my partner. I don't know what to fill out on the blanks. We only did 3 sales as a business as we closed early in 2008 so it seems as if alot of the line… read more
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How do I value inventory of a video product that is developed
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