I am single owner of LLC and live in NJ. apart from regular NJ tax, is there a Self employment tax in NJ or is it only federal?

Self-employment tax, or FICA-FUTA, or opposed by the federal government not the state. In New Jersey if you have a single member LLC, it is...

Which business structure should I use?

It sounds like a single member LLC may be the appropriate entity. Nevertheless, I suggest that you have one entity that actually owns the brand and...

Does the IRS call you and leave messages on your phone?

No, this sounds like a complete scan. Do not give any of these people information because they are just trying to get so they can use it as part of...

See below

Yes, as a NJ resident, your entire estate is subject to NJ Estate Tax. I hope this helps! Ron Cappuccio

DO I need to file form 8832

A multimember LLC is presumptively taxes a partnership for federal tax purposes. That means it would file a 1065 on an annual basis. The 8832 is...

The IRS, as well is the state taxing authorities, my question the issue. But it is not uncommon for someone to work as a 1099 and then to...

How can a 3rd party be held responsible for payroll tax liabilities?

If you were an officer, shareholder, and check signer, you would be personally responsible even though your employee stole the money. You should...

Advantage of having a LLC business??

The reason you would want an LLC is to protect yourself from personal liability. I generally form limited liability companies for clients that are...

How can a for profit company, file for a 501(c)3?

The owners of the company should consider establishing a not-for-profit company. This could be somewhat tricky since the company would be buying...

My employer listed me on her LLC and now the state thinks I owe them sales tax. what can I do??

In New Jersey, a manager of an LLC does not have to be a member. The manager would be responsible for sales and use tax reporting and could be...