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I am trying to open a local Volleyball club with 2 teams and

I am trying to open a local Volleyball club with 2 teams and i am needing to open a bank account so its easier for paretns to make payments online etc. But i have to have an account. How do I do this? I am lost on how to set it up?JA: The expert will know how to help. Is there anything else important you think the expert should know?Customer: the money collected will be for uniforms, tourney fees, just expenses for the club team (Equipment).

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Mark Taylor

Certified Public Accountant

Masters

3,750 satisfied customers
If we open an LLC for a totally online business, do we need

Hello,If we open an LLC for a totally online business, do we need to register with city or county too or just state registration for LLC is enough? I moved out of the country recently and plan to open an LLC in a suitable state, which does not matter much for me at this stage but probably a state with no personal income tax as I will be the single owner. I know i will include the income from this in my federal return, that is not my question. So I will register with that state but how about registering in the county or city level? Is it required for an online business?

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Matthew Breecher

President

MBA (Graduate Legal Studies)

360 satisfied customers
I'm going to be turning 66 on 27 June. I would like to apply

I'm going to be turning 66 on 27 June. I would like to apply for social security benefits. how do I do that?JA: These retirement benefits are supposed to help us but they can be so complicated! The Retirement Expert will help you get the most benefits propertly. Please tell me more, so we can help you best.Customer: I could use the extra money and need to know how to apply to start getting my benefits and how far ahead I need toJA: Is there anything else important you think the Retirement Accountant should know?Customer: well, my salary has gone up to 53.310/year and social security has it at 50K

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ABC Accounting Group

Bachelor's Degree

1,398 satisfied customers
How much can I take out of IRA before I pay tax on the

How much can I take out of IRA before I pay tax on the funds. We get just under 36k from Social Security each year. I have an ira consisting of gold and silver coins. The maint. fee is too high so i would like to store them here locally in a safe deposit box. we currently get $37377 from S.S. yearly. the coins are worth $33000, how much tax will we have to pay to do this or is there a better way? we live in texas and are 69 me 66 wife

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

22,480 satisfied customers
I work for a law firm and was using tax1099.com for the

Hi, I work for a law firm and was using tax1099.com for the first time (learning curve) to generate and serve 1099s to our service providers on January 31, 2016. We are a small business, so we only had six providers to send to. One of them left me a voicemail today saying I had sent her three and she would "report us" to the IRS if I did not "correct the error and send her two." First, I believe I sent her only one from tax1099.com, but with the learning curve, I could have accidentally pressed send twice. If so, the forms would be exactly the same. Second, I do know that, as a courtesy, I also scanned and forwarded copies via my email address to all recipients and asked for confirmation of receipt, to put in our files. That emailed copy is an exact scan of the one generated by and served by tax1099.com. Third, this woman needs only one copy for her filing, right? Fourth, what in the world does her threat mean, and I will say that I have heard no complaint from any other provider, including law firm recipients. Is there any IRS risk to us from this (already in dealing with her regarding the service she provided, we learned in multiple episodes: VERY rude and strange) crazy lady?JA: The expert will know how to help. Is there anything else important you think the expert should know?Customer: Not that I know of.

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Barbara

Enrolled Agent, Paralegal

6,642 satisfied customers
When a local elementary school building was no longer going

When a local elementary school building was no longer going to be in use, a non-profit, non-denominational ministry was formed and purchased the building from the city school for a nominal fee. Over the last three years it has been used for a variety of community service ministries. Since the building itself is perhaps the program's best asset (and expense through maintenance), several of the rooms have been "leased" to small programs or businesses in the community that needed the space. This helped to provide some funding to help the overall non-profit ministry to continue. Earlier this year, we received a letter from the county auditor saying we owed back property tax and would need to continue paying the same although we are 501c-3 status. They indicated the tax would be on about 7000 sq. ft. of the facility that housed any business that was for profit. Is there any way tp circumvent this or to re-word a space lease to "donation" in order not to pay property tax? This overall funding for this cooperative ministry program is just barely sufficient, and this could be devastating.JA: The expert will know how to help. Is there anything else important you think the expert should know?Customer: This is my best description.

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

22,480 satisfied customers
I would like to perform musically and sell related products

I would like to perform musically and sell related products under a ficticeous name. Since I travel all over the US it seems I would need to register it nationally. Is this correct? Also it would seem I will be paying taxes in all the states I receive income from? Is this the beginning of a nightmare?JA: What state are you in? It matters because laws vary by location.Customer: Michigan is my home state.JA: Has anything been filed or reported?Customer: Not yet.JA: Anything else you want the lawyer to know before I connect you?Customer: No

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40,202 satisfied customers
Can you transfer proposition 13 from the house that you are

Can you transfer proposition 13 from the house that you are selling to the house that you plan to buy?JA: The expert will know how to help. Please tell me more, so we can help you best.Customer: I am selling my house in Santa Ana,CA, that has the proposition 13 Tax to a house in Gilroy,CA. Can I use the CA Proposition 13 to buy a home in Gilroy,CA.JA: Is there anything else the expert should be aware of?Customer: I do not know.

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Robin D.

Vocational, Technical or Trade School

25,644 satisfied customers
What percentage do I expect to pay out of a 7500 dollar

What percentage do I expect to pay out of a 7500 dollar Medical surgery fund raised through a crowd funding site

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emc011075

Tax advisor and Enrolled Agent

Bachelor's Degree

5,920 satisfied customers
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