What are the tax implication for starting an online business, llc by non resident aliens with two members?

If you establish a US entity, whether a corporation or limited liability company, the entity for the members will have to file and pay taxes in the...

STATE BUSINESS REGISTRATION

You can use the NJ Business Gateway at nj.gov to change the Registered Agent and Registered Office. The bigger question, is why are you doing this...

Can a Parent Company transfer a business from one subsidiary to another subsidiary tax free?

It depends on how the 2 subsidiaries are treated for tax purposes. Most liklely it will be a taxable transaction. You really need an experienced...

Capital Gains long term

First, you have an installment sale. You will recognize the 51% in year 1 and 49% ib year 2, Unfortunately, the time period for holding the...

Is this a scam or for real?

This sounds like a scam. Call an attorney that has represented you and have the attorney's office call the number. IF it is real (which I doubt!)...

I am starting out as a hairdresser and renting a space how and what tax payments do I have to make to irs and social security

You should set up a limited liability company to operate your business. Even though you are currently the only person, if you hire an employee,...

Tax question - when setting up my LLC should I set it up for taxes as an 1120 S ?

The LLC is best treated as a disregarded entity rather than an S corporation. It is cheaper to operate and only requires you to file a schedule C...

Selected as the best answer

Frankly, you probably checked the wrong box on the online application. People think that merely going online, registering the LLC and EIn is all...

Selected as the best answer

I am planning to internal medicine practice in the central jersey. If someone comes to be on board as a investor.

As a licensed professional, you cannot have non-licensed professionals as owners or members of the LLC. In order to make this work you will need...

I would like to hire a lawyer

You need a good tax controversy attorney. You have not stated whether you are a business owner or W-2 employee. The IRS has different audit...