Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
Can an LLC filing a 2553 as S Corporation election have
Can an LLC filing a 2553 as S Corporation election have shareholder that are themselves an LLC, as S corp … read more
Carter McBride
Carter McBride
Certified Public Accountant (CPA)
LLM
4,395 satisfied customers
I started a South Carolina LLC with 2 members on 07/15/2018.
I started a South Carolina LLC with 2 members on 07/15/2018. On 09/12/2018 one of the members dissociated from this LLC which left only one member in LLC. I notified about this change to SC state by f… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,581 satisfied customers
Lev Yesterday you anawered my California LLc (partnership)
Hi Lev Yesterday you anawered my California LLc (partnership) question that If LLC had no income or activity it does not need to file the 1065 but still needs to file the 568. LLC is already cancelled… read more
Carter McBride
Carter McBride
Certified Public Accountant (CPA)
LLM
4,395 satisfied customers
Can funds transfered from a LLC checking to a personal
can funds transfered from a LLC checking to a personal Checking be considered dividends? … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,581 satisfied customers
How would doing my taxes be impacted by creating an LLC
Hello, How would doing my taxes be impacted by creating an LLC under my current scorp? Would all income and expenses flow to my scrorp if my scrorp owned the new LLC?… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,192 satisfied customers
I have a question for a tax attorney or tax preparer. If I
I have a question for a tax attorney or tax preparer. If I file taxes as a sole member LLC do I need file a schedule k-1?… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,192 satisfied customers
My husband is a general contractor for remodel construction.
My husband is a general contractor for remodel construction. He is the owner of the business. He also does a lot of the work himself. Would it make sense for him to pay himself as a Subcontractor (109… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,581 satisfied customers
An LLC was established as a single-member LLC (disregarded
An LLC was established as a single-member LLC (disregarded entity) and added another member in 2018 (for a total of two members). The company has not filed a Form 8832 to request classification as a p… read more
Carter McBride
Carter McBride
Certified Public Accountant (CPA)
LLM
4,395 satisfied customers
What is the main difference between an LLC and and S
What is the main difference between an LLC and and S Corporation? (considering one owner only,versus more owners)? ARe taxes done difefrently? Are owners personally liabile of business debts?… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,581 satisfied customers
I have an LLC that was taxed as a partnership, with two
I have an LLC that was taxed as a partnership, with two members who each owned 50%. My partner is leaving the partnership (as of 12/31/17) and I would now like to continue as an LLC with a sole propri… read more
Barbara
Barbara
Enrolled Agent, Paralegal
12,008 satisfied customers
I have this form that got sent to me I just received it and
Hello I have this form that got sent to me I just received it and my company has been closed since 2014.… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,581 satisfied customers
I'm Puerto Rican and wish to register a LLC in Florida. I
I'm Puerto Rican and wish to register a LLC in Florida. I has two partners ( individuals) . I was looking at the IRS website and it seems that a multimember LLC can not be a disregarded entity. Is tha… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,581 satisfied customers
I'm the 100% shareholder of a California LLC. Is there anything
I'm the 100% shareholder of a California LLC. Is there anything prohibiting the LLC from employing me as a person. If not, are there any other consequences to this set-up to be aware of. Thank you.… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,581 satisfied customers
Holding Company [subchapter S Coporation]owns a single member
Holding Company [subchapter S Coporation]owns a single member LLC ["SMLLC"]. The SMLLC had elected S Corporation status. 1) Can Holding Company be a member in a SMLLC that has made the Subchapter S el… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
17,784 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
my partner and i started an LLC in maryland. We are still
my partner and i started an LLC in maryland. We are still struggling to get started and have not actually starting doing business yet. What will I be expected to file with the irs and the state of mar… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
Fund, LLC was combined with WM, LLC on 1120S for 2008. On July
Fund, LLC was combined with WM, LLC on 1120S for 2008. On July 1, 2009, Fund LLC, was transfered to IM, LLC partnership. Question: How should the Fund, LLC be reported for 2009; If combined with IM, L… read more
MequonCPA
MequonCPA
CPA Firm Owner
Master's Degree
2,290 satisfied customers
Which tax forms do I file for my newly created asset protection entities
My attorney has created a number of entities for asset protection purposes: 1. SCorp -- My professional S-Corp for my medical practice 1. LLC -- holds my commercial rental property, rented to my SCorp… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,192 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

5,118 satisfied customers

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

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

298 satisfied customers

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

Robin D.

Robin D.

Senior Tax Advisor 4

18,818 satisfied customers

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

Megan C

Megan C

Certified Public Accountant (CPA)

8,665 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