Can an LLP be owned by owners living in two separate states? (OH and TN)

Yes, the owners of a LLP can be in different States (and even non-US residents.) There is very little reason for a LLP when a LLC is usually more...

If a person were hired as an "Independent contractor" and had a 1099 Misc issued to file taxes and does that as self employed ?

I suggest that you speak to a good tax attorney. Most of the time, you will be much better off as an independent contractor than an employee. There...

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Getting Paid in US by International Company?

First you absolutely should set up a limited liability company. The purpose of an LLC is to help you as one line of defense against liability. You...

Checking the credentials of a US tax attorney before engaging in her services

First check Avvo for her biography. Then you can check online. For example, California is: http://www.calbar.ca.gov/ I hope this...

I owe the IRS for back taxes

Frankly, you should hire a Tax Attorney to address this issue. That will give you the porper representation you need, I hope this helps! Ron...

How to report international business expense on tax ?

If you are a single member LLC, you will file a 1040 schedule C. If you are audited by the Internal Revenue Service, they are going to want to see...

Hello. I offer psychic readings in an online marketplace. Is it legal if I hire a psychic to help me do some of the work?

Yes, it is legal to hire other psychics to help you. They cannot pretend that they are you, that otherwise it is not an issue. I have had clients...

I got a call from the IRS saying they will be at my house to arrest me and put me in jail for three years for not paying taxes.

This is a total scam! DO NOT GIVE ANY INFORMATION TO THESE CROOKS! Please see my blog post from September 2014 (link below!) I hope this...

Do I need to file a 941 if the only personal money I received from my S Corp was a loan from the company to me?

If the money was truly alone, and you had no other employees, then the corporation would not need to file a 941. My suggestion is that a 941 with...

When a multimember LLC is established there should always be a detailed operating agreement which would specify member distributions and...