Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
My wife and I set up a S Corp 16 years ago. It has never
My wife and I set up a S Corp 16 years ago. It has never been profitable. She makes about $24,000 annually cleaning houses; we then give her a paycheck out of those proceeds of $24,000 annually. No ex… read more
PDtax
PDtax
Owner
Master's Degree
4,790 satisfied customers
LLC entity that files on schedule C reimbursed one of their
LLC entity that files on schedule C reimbursed one of their independent contractor for monthly car lease. Is that a deductible expense for this LLC? Or they must to include it on either 1099-Misc or W… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,602 satisfied customers
I convert my single member LLC into S-corp in June of 2018.
I convert my single member LLC into S-corp in June of 2018. I have contractors that work for me through out the year. Do I need to create 2 form 1099-Misc for each contractors since my LLC will file t… read more
Barbara
Barbara
Enrolled Agent
12,452 satisfied customers
Just opened my first online business as an LLC in Florida
Hi there,Just opened my first online business as an LLC in Florida (S-corp) and while I am just starting out and don't have too many sales yet, I am thinking of hiring a full-time employee who can hel… read more
Barbara
Barbara
Enrolled Agent
12,452 satisfied customers
IRS tax question: is there a way to get 1099-Misc reported
IRS tax question: is there a way to get 1099-Misc reported to the IRS to your EIN instead of SSN on some sort of wage and income transcript? If not, how can they connect the 1099 to your SSN? Please p… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,602 satisfied customers
For 2018 tax year for the new laws that were just passed. I
Hi, I am Tax Planing for 2018 tax year for the new laws that were just passed. I am a General AREA Manager for two restaurants in Florida and I make over $75,000 a year as a W-2 wage earner. Is it bet… read more
Barbara
Barbara
Enrolled Agent
12,452 satisfied customers
I have a question on form 1120S Line 16D has to do with
Hello...I have a question on form 1120S Line 16D has to do with Distributions....I'm looking at my last years return and cant quite figure out how the accountant got the amount that was entered. Dont … read more
Carter McBride
Carter McBride
LLM
3,219 satisfied customers
I set up an LLC S-Corp in 2008 that I disbanded in 2010 when
I set up an LLC S-Corp in 2008 that I disbanded in 2010 when I returned to work. In 2017 I restarted the LLC due to a job loss and accepting work as a consultant. The S-Corp status was selected at the… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,877 satisfied customers
Maybe. How much will it cost me? I have a W-9 and 1099 misc
OK I started my own LLC about 5 months ago. Im the sole member so I understand that the IRS sees me as a disregarded entity. I also do not get taxed as a corporation and I do not at this time have any employees. I do construction and I very often have sub contractors do work for me. I do have an EIN under the name of the LLC. Of from what im reading the IRS asks that disregarded entities use their SSN on W-9 and 1099 Misc forms. I do not like this idea because of privacy issues. Thats why i thought I obtained an EIN. Do I in fact have to use my SSN on W-9 and 1099 misc? … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I changed the way my company is taxed from one member LLC
Hello, I changed the way my company is taxed from one member LLC disregarded entity (schedule C) to one member LLC S-Corp. I've done it in March of 2015 but back dated to 01/01/2015. It was accepted b… read more
Tax.appeal.168
Tax.appeal.168
Principal
6,549 satisfied customers
I have a situation and not sure how to handle it. We had an
I have a situation and not sure how to handle it. We had an S-Corp for a few years that we ran 3 dba's through. I know longer have 2 of those brands but we kept 1 of them. Last year, I had my CPA do t… read more
Tax.appeal.168
Tax.appeal.168
Principal
6,549 satisfied customers
My only income is from Independent Contractor with a 1099
My only income is from Independent Contractor with a 1099 Misc income statement. Is it better to run this income through a business as a corporation or as a non-business entity with just my social sec… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,602 satisfied customers
Should a general contractor be issuing 1099's to all of the
Should a general contractor be issuing 1099's to all of the sub contractors who do work on the remodeling of a house?… read more
ShawnA
ShawnA
CEO
Bachelor's Degree
2,450 satisfied customers
Chris. My wife was asked to 1099 her personal assistant
Hi Chris. My wife was asked to 1099 her personal assistant from the salon owner from which she is renting a chair from. Perhaps to release some liability from the salon. The business is in California.… read more
Tax.appeal.168
Tax.appeal.168
Principal
6,549 satisfied customers
My wife recently started an LLC business, but for tax purposes,
My wife recently started an LLC business, but for tax purposes, as a single-member LLC, she wishes to be taxed as a Sole Proprietor. I understand that on the W-9, the Name is ***** ***** of the busine… read more
taxmanrog
taxmanrog
Master's Degree
1,799 satisfied customers
I will be working as an independent contractor and will be
I will be working as an independent contractor and will be 1099. 1)What do I need to do to get a Tax ID # ***** can I use my SS #? 2) If I need a Tax ID #, what is the best state to do this in? 3) Sho… read more
Richard
Richard
Tax Attorney
Doctoral Degree
4,937 satisfied customers
I have a pet supply and grooming store in which I have a independant
I have a pet supply and grooming store in which I have a independant contractor working as a groomer. What forms does she have to fill out I-9, W-9, anything else?… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,877 satisfied customers
Last March my wife filed a single-member LLC. She was required
Last March my wife filed a single-member LLC. She was required to get an EIN for opening a bank account so she got one from IRS. It automatically classified her entity as "sole-proprietorship" for tax… read more
Jon Andrews
Jon Andrews
CPA
3,038 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

4,937 satisfied customers

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

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

261 satisfied customers

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

Robin D.

Robin D.

Senior Tax Advisor 4

17,888 satisfied customers

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

Megan C

Megan C

Certified Public Accountant (CPA)

8,659 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