Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
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
DK_CPA
DK_CPA
Master of Science in Accounting & Taxationb
211 satisfied customers
I have a client who is a real estate agent and set up an
Roger, I have a client who is a real estate agent and set up an S-Corp 01/01/2018z She said that since she isn't a broker, the company will only issue a 1099-Misc to her SSN instead of not issuing one… read more
taxmanrog
taxmanrog
Master's Degree
1,411 satisfied customers
IRS tax question: What's the best way to account for tax
second opinion] IRS tax question: What's the best way to account for tax preparation or any other fees that are paid after the partnership or c or a corporation is closed. Please provide very good art… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,773 satisfied customers
A few IRS Questions: 1. If someone acquires all assets of an
A few IRS Questions:1. If someone acquires all assets of an S-Corp and then shuts it down and opens an LLC in Texas, will they be responsible for any outstanding tax owed by the S-Corp? Please provide… read more
taxmanrog
taxmanrog
Master's Degree
1,411 satisfied customers
Lev Question on an LLC that hold real estate only, not taxes
Hello LevQuestion on an LLC that hold real estate only, not taxes as an S-Corp or Partnership. Owner of the Real Estate Purchased the property to start a business in it. The property was renovated and… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,499 satisfied customers
IRS tax question: taxes, can you have an LLC based on 2
IRS tax question:For Texas taxes, can you have an LLC based on 2 different businesses (NAICS codes)? If so how? Also, how do series LLCs operate with real estate in Texas and CO? Please provide exampl… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,773 satisfied customers
How are you, Ok im starting a online business with my
Ok im starting a online business with my brother an we were gonna create a LLC in TN. The filing cost for TN is going to be around 400 where as here in MS its 50. Is there any diffrence then filing it in one state over the other? MS does a state tax and TN does not. … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
2,924 satisfied customers
I had another question. In setting up my business structure
Hi Roy. I had another question. In setting up my business structure and registering my name, would I need to set up for example CK holding Inc under my state and then the subsidy businesses under that… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,773 satisfied customers
I am an EA getting a 2553 election done for my client.
I am an EA getting a 2553 election done for my client. Client recently became LLC and has no EIN. Can I get him an EIN without a 2848 Power of Attorney for LLC? If no, can I get a Power of Attoney for… read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,631 satisfied customers
I need to know where to file an LLC so that I can manage 2
I need to know where to file an LLC so that I can manage 2 rental properties with my business partner. I live in Oregon, he in Minnesota and we have 1 property in Montana and 1 in Gerogia … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,773 satisfied customers
I have a client that has 2 LLC's, one is an operating
I have a client that has 2 LLC's, one is an operating business and one is a rental real estate holding company. They are currently being taxed as S Corps for 2015. For 2016, she would like them both r… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,499 satisfied customers
In which cases is a Trust considered as an entity for tax purposes?
In which cases is a Trust considered as an entity for tax purposes? By this I mean that the trust may be a taxpayer and must get EIN, file tax returns, and such? Is it the case in the US that Trusts s… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,773 satisfied customers
I have a Nevada s-Corp already but Im in California so I pay
I have a Nevada s-Corp already but I'm in California so I pay the state minimum franchise tax of $800/yr. I want to buy several rental properties out of state and put them each under an LLC. I'm think… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,655 satisfied customers
I have an established s corp and am opening a new division
I have an established s corp and am opening a new division by starting a LLC wholly owned by my s corp. What is the proper structure for this type of arrangement. Do I keep separate books for the LLC … read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
6,647 satisfied customers
I am currently a partner in a company that owns 3 websites.
I am currently a partner in a company that owns 3 websites. All 3 sites are owned by one LLC. We are looking into doing one of two things. 1) Creating 4 LLCs. A master LLC (owned by me and my partner)… read more
USTaxAdvising
USTaxAdvising
Partner
Bachelor's Degree
1,099 satisfied customers
What is Disregarded Entity ? Is it a legal status or tax status
What is Disregarded Entity ? Is it a legal status or tax status given ? What is its actual meaning and who can be a disregarded entity ? I can easily understand if you can explain with an example like… read more
ezcpa
ezcpa
Certified Public Accountant
Bachelor's Degree
75 satisfied customers
I have a client who is buying multiple rental properties through
I have a client who is buying multiple rental properties through an LLC. He now has about 50 of them....is it better to just complete individual schedule E for this or set up an S corp or and flow it … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,499 satisfied customers
I am preparing to invest in real estate in Ohio. I am going
I am preparing to invest in real estate in Ohio. I am going to perform all of the duties but have fellow investors. I will have a controling interest as compensation. How should I incorporate for the … read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 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:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

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

Richard

Richard

Tax Attorney

4,512 satisfied customers

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

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,569 satisfied customers

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

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 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.

< 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