I was told that it was not worth starting an LLC yet. What are alternative options?
Please, have your tax attorney form a LLC right away. It is so much better to set-up your company right from the start. Even if you have plenty of...
Cherry Hill, NJ
Tax Lawyer at Cherry Hill, NJ
Practice Areas: Tax, Estate Planning ... +5 more
Please, have your tax attorney form a LLC right away. It is so much better to set-up your company right from the start. Even if you have plenty of...
Yes, it is no problem. In order to force people to stay in the country that owed taxes, some people in Congress tried to pass legislation allowing...
It depends on the purchase price, sales price, term you hold and your other income. If you want the transaction to take place this year, make sure...
Honestly, buying a business is too complex to do it yourself. Please, immediately engage a good tax and business attorney to help you with this,...
No, your life isn't over. The most important action is to hire a Tax ATTORNEY. Attorneys have attorney-client privilege in criminal cases. Your tax...
As long as you are in business, the expenses should be deductible. Please talk to your tax and business lawyer. Good luck in your new...
It does not sound like a hobby; it is a small business. You should file a Schedule C on your 1040. The income minus expenses will be included in...
If your company has no transactions and no assets, you will have to pay some State tax and a Schedule C of "0" on your 1040. You should definitely...
Of course taxation is theft! But, that does not mean you do not have to pay taxes. I am a Libertarian also, that is why I enjoy being a tax...
As a single member LLC, you should file a schedule C with your 1040. If you already have filled, you will need to amend your return.