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Lev, I have a question on the amount that I report on Form
Hi Lev,I have a question on the amount that I report on Form 8549. My holding company bought an LLC and two payments were made. The first payment was made out to the buyer and a second payment was mad… read more
Lev
Lev
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Bachelor's Degree Equivalent
31,726 satisfied customers
Lev, I have a holding company who bought an LLC. It is an
Hi Lev,I have a holding company who bought an LLC. It is an asset sales. As part of the sales we paid finding fees and legal fees to produce the sales. I understand that I need to capitalize these fee… read more
Lev
Lev
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Lev, If my holding company (C Corp) purchased an LLC under
Hi Lev,If my holding company (C Corp) purchased an LLC under an asset purchased and the purchasing agreement does not stipulate the asset list of the LLC, can I use the balance sheet of the purchased … read more
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Lev
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Lev, I know that I asked you this question in the passed
Hi Lev, I know that I asked you this question in the passed couple of days but please treat it as a brand new question.My holding company ( a C Corp) bought a partnership as a stock sales (not as an a… read more
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I have a holding company and my holding company just
Hi I have a holding company and my holding company just purchased a small company. I understand that the purchase price of the small company has to be depreciated. 1. What method should I depreciate t… read more
Lane
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I am buying a single member LLC, carpet cleanng business. I
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I am buying an existing simgle member LLC effective JUly 1,
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I am selling my company (business) with capital gain, which
I am selling my company (business) with capital gain, which form should I use to report that sale and capital gain for taxes? … read more
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If my holding company were to a buy a company. I understand
Hi Roger,If my holding company were to a buy a company. I understand that I will have to depreciate the company the I just bought on the holding company tax return and books. Do you know by any chance… read more
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I have a question about selling assets. I'd like to schedule
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I am looking to take over my friend's business. He has
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Megan, help me with this question: Owner of Company A
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I am working on an 1120 tax return. My client had purchased
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I have a tax question relating to a SMLLC. What is the tax
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Hi - I'm considering the acquisition of a small web-based business; it has revenues, expenses, customers, profit, etc., but it does NOT have any physical assets, as it's completely virtual, a true int… read more
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We are selling a small coffee roasting business. We put in
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I am in the process of purchasing a financial planning practice
I am in the process of purchasing a financial planning practice from another advisor. I have been told that I should complete form 8594 as part of the closing process to determine tax implications of … read more
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