Am I required to collect sales tax on an online magazine?

The IRS does not collect sales tax. Sales tax is collected by most of the individual states and some municipalities. This is a very difficult issue...

The alternate name needs to be filed with the state. My question to you is why are you choosing to have an alternate name for your LLC? If this is...

CERTIFICATE OF AUTHORITY

Did you set up a LLC or corporation? It sounds like you need a good tax and business attorney to review what you have done, finish forming the...

How to Pay Myself From My LLC?

Yes, that is how it is normally done. Remember, it is not the amount of money transferred that determines your income, it is the net shown on your...

Hi i am from india doing my online support business from india i would like to set up an LLC and bank account in states .

It is possible to do this although there are a number of tax planning issues that need to be addressed. First, why do you want to set up the US...

Transfer from traditional IRA to Roth IRA

The answer is, "yes" but you do not want to do it! By taking money from your IRA to pay the tax, at a minimum you are subject to income tax (and...

Is it possible to draw up a contract to ''lease' a business (brand, assets, client base etc.) from owner to another LLC?

Actions can be taken to structure the business to have the effect of a "lease" as you are describing it. Probably the best way would be to have...

We keep all financials seperate --and a prenup stating the same unless purposefully comingled--need advise on joint tax return

First, you and your spouse are very smart in having a prenuptial agreement. If more people would do that there would be less problems in marriages...

LLC or S-Corp in New York State

From the facts you have presented, a single-member LLC disregarded for tax purposes would be your best. You would not have to pay payroll taxes...

I have a money judgment against me. I want to start a business with my fiancé, an LLC, in New Jersey.

Please retain a good tax and business attorney to guide you. You need specific advice not just general comments online. Good luck! Ron Cappuccio