Questions answered by Ronald J. Cappuccio

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I have an LLC company that was registered 2 months ago in New Jersey. How do I add a DBA

Ronald's answer | Answered on October 03, 2013

LLC's file an Alternative Name Certificate with the State. It is not the same as a DBA which is for a sole proprietor. You should definitely retain...

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Foreign National as a member of a US Based LLC

Ronald's answer | Answered on October 02, 2013

You need the proper resolutions, membership certificates, and a modified Operating Agreement. This is not a "do it yourself" project. Please retain...

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I am an LLC in PA but also provide services in NJ. Do I need to form a separate LLC in NJ or just register as a foreign LLC?

Ronald's answer | Answered on October 02, 2013

You can either set-up a separate NJ entity or you can authorize you PA entity to do business in NJ. There are advantages to both choices. You...

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Should TURBOTAX be responsible for my audit with the IRS?

Ronald's answer | Answered on October 01, 2013

Garbage In Garbage Out. Please hire a professional next year to prepare your tax return!

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18 years +- of unfiled federal tax returns

Ronald's answer | Answered on October 01, 2013

I have no idea whom your talked to, but I doubt it was a tax LAWYER. Sorry, but you should definitely meet with a real tax lawyer. Lawyers have...

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The IRS has sent me a letter telling me that am responsible for paying tax on a debt settlement. The property burned down.

Ronald's answer | Answered on September 29, 2013

You should discuss this with your tax lawyer. This is a very fact specific matter. Good luck! Ron Cappuccio www.TaxEsq.com

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Should I speak with the Appeals Officer (i.e. set up an appt to see him) or let my accountant continue to handle this?

Ronald's answer | Answered on September 29, 2013

Please, IMMEDIATELY retain a Tax Lawyer to handle this. You should have already settled this in Appeals. Something is wrong. I do not recommend you...

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I have formed an LLC and am reviewing ways to represent different operating units to the public. Can I have more than one D/B/A?

Ronald's answer | Answered on September 26, 2013

I think you are making a mistake! Having a lounge and restaurant should be one business. The sales of liquor to be another business if this is...

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Can a levy against my wages rec'd from the IRS in 1999, still be in effect today. large sett'lm ck put in bk todaycan IRS get it

Ronald's answer | Answered on September 24, 2013

Usually, the IRS has a 10 year statute of limitations on collection. Retain a tax lawyer right away to review your matter. Good luck! Ron...

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If I have Single member LLC in delware as non US Alien, am I liable to pay federal income tax?

Ronald's answer | Answered on September 24, 2013

Yes, a single member LLC is usually treated as a "disregarded entity" and is filed as a Schedule C on a 1040. So, yes you will need to file an...

Ronald J. Cappuccio's Answers (3707)

I have an LLC company that was registered 2 months ago in New Jersey. How do I add a DBA

Foreign National as a member of a US Based LLC

I am an LLC in PA but also provide services in NJ. Do I need to form a separate LLC in NJ or just register as a foreign LLC?

Should TURBOTAX be responsible for my audit with the IRS?

18 years +- of unfiled federal tax returns

The IRS has sent me a letter telling me that am responsible for paying tax on a debt settlement. The property burned down.

Should I speak with the Appeals Officer (i.e. set up an appt to see him) or let my accountant continue to handle this?

I have formed an LLC and am reviewing ways to represent different operating units to the public. Can I have more than one D/B/A?

Can a levy against my wages rec'd from the IRS in 1999, still be in effect today. large sett'lm ck put in bk todaycan IRS get it

If I have Single member LLC in delware as non US Alien, am I liable to pay federal income tax?