4. Are newly-formed LLCs in the states of NY and CT tax exempt for the first 3 years?
Right. You are better off forming in Connecticut because incorporation costs are lower. You can form an LLC and then report on Form 1065 and...
Hoboken, NJ
Foreclosure Lawyer at Hoboken, NJ
Practice Areas: Foreclosure, Tax ... +4 more
Right. You are better off forming in Connecticut because incorporation costs are lower. You can form an LLC and then report on Form 1065 and...
Right. This is a matter to be addressed in the Separation Agreement attendant to divorce proceedings. So long as you are married joint filers...
As Mr. Cappuccio points out, PayPal sends 1099s to the IRS. Thus, they'll know of the income. If you don't report it as either income or a gift,...
I'm assuming this is a NY State Tax Auditor, not IRS. I'm assuming they are assessing the New York State Real Estate Transfer Tax (RETT), which is...
The general rule is that to claim a dependent, you must be married, they must have lived with you for six (6) months of the prior year and you...
There are a lot of factors that play into this. You should consult a local tax attorney, provide all the relevant details, and hire them to assist...
There are a lot of factors that play into this. You should consult a local tax attorney, provide all the relevant details, and hire them to assist...
You may have a sales tax obligation where the products are sold. This is something that needs to be carefully explored. As to the income tax...
An accountant or other tax professional will need to review the entire factual situation, including the nature of the business interest (assumed...
I agree with Mr. Hansen that you cannot get another taxpayer's tax information through FOIA as these are private records.