Taxation for non-resident partners in a LLC

Generally, members of LLCs are taxed as partners. You will receive a K-1(Form 1065) that will show your 50% of the taxable income. If you are...

How do I get the non compete and does it relate to colorado non compete laws?

Plain and simple: you need to hire an attorney. Not only would he help you get the document, he could assist you in determining the validity of...

Will filing our taxes jointly after marriage affect my husband's credit score?

I am not sure how filing a tax return impacts your credit score. What would impact such scores would be if you filed jointly, but did not pay your...

I had a small homebuilding business. i was issued two 1099-s forms as income. do i file these on my schedule c if i was a llc?

If you were the sole owner of your LLC and it received two 1099s the income should be reported on Schedule C as gross income. This is the case...

Doing my own taxes.

The other side of this is that if you now realize you made a mistake on the return, you should quickly file an amended return to correct the error....

Wash S-corp working for a Calif company - must I file and pay Calif tax?

Unless I am missing something, you have no minimum contacts with California and all your work is performed in WA. California has no basis to tax...

State&federal taxes,

If you did not personally guarantee to pay these obligations, then you should have no worries. Hope this helps. If you think this post was...

What is the next step if a former employee won't provide your W2?

Write a letter to them stating that they are violating federal laws by not providing your W-2. If that fails, you may consider writing them...

Using your home as the registered address is sometimes a good idea with new businesses that may move there offices many times. This would...

When a business is incorporated with three partners can one of them sell the inventory?

Sounds like illegal activity to me. They have stolen from the corporation. You need to immediately hire corporate counsel to assist you in...