Foreign partnership establishing US entity seeks answer to entity structure and tax implications.

A limited liability company is the most flexible form of organization for both tax and business purposes. Most likely that would be a smart choice....

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My friend doesn't know his spouses ssn and no way he can get that.can he file as a single? they dont have kid.

This is very similar to a question asked yesterday. First, your "friend" should question the relationship he has with his wife if his wife will not...

Can I start a business in the United States?

Is your business simply an online business? If so, you can hire a tax and business attorney to set-up a Limited Liability Company. If you are...

I ve recently bought a small corporation wich I will manager from today on. THE PREVIOUS OWNER HAD A GENERAL. MANAGER

You need a business lawyer. You certainly can terminate any employees that you do not need in your restructuring. This needs to be well...

Can a non profit entity in nc be a LLC ?

You should have a Non-Profit and Tax Attorney help you. Setting-up a not for profit entity is much more complex than a for profit business. Most...

When do I have to file taxes for an LLC formed only a few months ago?

It sounds like you formed a single member LLC that is a "disregarded entity" for Federal Tax Purposes. That means you will file a Schedule C for...

I would like to dissolve my partnership with an LLC

First, your fellow member's personal taxes are not your liability. As long as the LLC has filed its tax return (usually a 1065 Partnership Tax...

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Our 501c3 received a letter from a Revenue Officer asking for an in office meeting on Jan 7 to answer why we haven't paid back

This question seems to have been asked several times. You need a tax lawyer right away. THe lawyer should speak with the Revenue Officer, not...

Donations

Please remember, the Fair Market Value, not your cost, is the amount of the deduction. It also depends on whether the item is being used by the...

How much do i get on my taxes if i claim my son

You should take your W-2 and the information about your son (birth certificate, school records, custody agreement) to you tax preparer. They can...