Sorry, long. This is a bit of a complex situation of my own doing. After quitting my job I did some consulting (writing code for Engineering companies) under my own name. [more inside]
The quick and dirty: I'm selling my house and downsizing. I'm using VA loan for my new primary residence so my proceeds can go directly to a down payment for an investment property. I did almost the same thing about 20 years ago and it worked well for me...this time I'm thinking about spreading the wealth a little bit by starting an LLC or something similar in which I can include co-investors and also invest in the names of my kids to purchase and manage properties for the sake of accumulating a little wealth. (more inside) [more inside]
So, I'm trying to pay the filing fees online that I never got around to. The personal tax account I made, my business tax ID number is attached to as well, HOWEVER, it's not indicating that I owe anything. I looked everywhere on the site menu to see how I can pay and it says I owe nothing (I owe a lot, even with no sales). Tax man is after me and I don't know what to do, please help! I'm in NY.
How do I properly quit business operations in one state after moving to another state. Complication: I have outstanding invoices. [more inside]
I am a known financially developmentally delayed idiot. No really. I hate money. And I want to start a music and art festival on a slim budget and start building a framework to be able to raise funds for it and keep it all clean and kosher and separate while keeping my day job and tax bracket. How do I do this? [more inside]
About 15 years ago, I started an LLC in New Jersey for a few of my business ventures. Over that the last decade and a half, I feel I have outgrown the name as it no longer represents who I am as a person nor how I want my entities to be seen.... [more inside]
I have a complicated situation for 2014, and I'm running out of time to sort it out. Details within. [more inside]
Asking for a friend: I want to start an LLC in NYC and sell yummy sweet things. Most of the requirements are pretty straightforward, but the newspaper publication requirement runs over a thousand dollars! Is there any way to get around having to pay such crazy high Certificate of Publication fees? (I am in Queens, if it makes a difference.) Thanks!!
I have gone from freelancing to full-time work so I don't need my LLC at the moment. But I will continue to be charged active-agent fees and taxes. Should I just dissolve it? [more inside]
I'm a business of one person (an LLC). I'm doing things much sloppier than I can/should - help me automate it and make it smooth! Need advice on best practices and ideal services. [more inside]
Currently I live with family in Hew Hampshire and have registered an LLC this year here in NH at my parents' address. I'm moving just south of the border in MA, only 20 minutes away. Do I need to relocate my business? Seems like it costs more to register a business in MA. Tax-wise I believe it will be the same because NH based software businesses operating in MA will be taxed a sales tax starting this year.
I'm planning on starting both a nonprofit and a business (LLC or C-Corp) before the end of summer, and I'm uncertain as to my ability to write off expenses. Each would be run with a small (<5) group of investors/friends. [more inside]
I've recently started working on a couple of software projects that I hope will generate income in 2014. I'd like to form an LLC, but I'll probably end up doing that closer to completion since it's so expensive. Because my old laptop just wasn't up to snuff for development work anymore, I decided to purchase a new laptop a few weeks ago. Now I'm worried that I may have missed out on a sizable tax deduction. Assuming I can't take the laptop off my taxes in 2013 (no LLC, no revenue), is there any way I'll be able to deduct a purchase made in 2013 as a business expense in 2014?
Hello, I am currently developing a small food business. I am interested in selling my food on weekends at outdoor markets across the city. I think this is a good way for me to get my feet off the ground and see how people respond to my product. What I can't quite figure out is if it is too soon to start thinking about registering the company name and logo? If so, would I register my small business as a LLC business or corporation? I am a bit confused. Would someone be able to help? Thank you!
I am finally about to graduate from a program to be a professional dog obedience instructor. I am completely clueless about what steps to take to start a business, legally at least. You are not my lawyer... but do I need one? [more inside]
Hi - my partner decided to leave our LLC and now we need to evaluate how much is it worth. It's a spa business with two of us performing most of the services in a rented location. Lease agreement is up in October 2013. Each of us serviced our own clients - she's got her Clients. I got mine clients. Any suggestions or rules of thumb approaches for how to estimate our service business value so we can arrive at a fair buy-out price? Appreciate all the help!
I'm working on a few apps and I'd like to form an LLC. What complicates matters is that I plan to travel the world for the next few years, meaning that all my work will be done from my laptop with no stable office and no employees other than myself. I'm currently based in California. What are some good resources to help me figure out the best way to establish my business, both financially and legally? [more inside]
I have a good idea for a web application, but I'm worried it might incur the wrath of a few specific larger companies. Would it be a good idea to create a business entity to protect myself from any personal liability I might be exposed to? [more inside]
We're looking to obtain the best credit card possible for a 5 person band with minimal expenses and income. We're an LLC incorporated in NYC. Band expenses typically include food, gas, merch supplies (shirts, blank CDs etc) and the occasional cash withdrawals, but the big anticipated purchase is a van (used -- no more than $5k). Suggestions for checking accounts also welcome...
I'm a proposal writer and editor who has decided to go the independent contractor route and set up my own LLC. Should I just use my own name, or come up with some other company name? [more inside]
I run a electronic music blog and we are in the works of snagging some pretty big deals. A number of my partners mentioned forming an LLC. While our profit is low, we are potentially entering some big contracts in the future and need some credibility and protection. What is the most basic, simple form of corporation we can form? [more inside]
What is the catch here. Business creating a seperate LLC for company cars. [more inside]
In which county should I locate my New York state LLC? Does it matter? Details inside... (and let's get this out of the way: I know you are not my lawyer) [more inside]
I am soon starting a job for a small business that forms LLCs. What do I need to know? [more inside]
As a hobby, my friends and I create alcoholic-infused cupcakes inspired by cocktails and shots. Friends, family members and relative strangers have been egging us on to start selling them. We've been reluctant to do so, for all the obvious reasons, but now we're considering a very, very small-scale word-of-mouth/online ordering business. What do we need to know in order to avoid getting sued, fined, or going bankrupt? [more inside]
My LLC is going legit January 1st in Michigan. I'm a brand new business owner in an economically depressed state and I'm starting to turn a profit which means dealing with taxes and the IRS. I'm young, I don't know anything about business taxes, and I'm somewhat frustrated at how painful this is for a new business owner who just wants to pay his fair share. I have an accountant who I know is really good, but I need to know kind of the general picture of what is happening so I can stay on top of things. I don't want to throw it all on the accountant and I want to be proactive. [more inside]
Lawyer people: I am a lawyer licensed in Illinois and have started to do some solo practice work. Do I need to form a LLC? Why? [more inside]
What prevents companies from simply screwing everyone and paying off their owners debt free? [more inside]
LLC for a (now) profitable writer/actor team? [more inside]
LLC d/b/a BBQ. Let's say I incorporate as "cavalierisawesome lol LLC". I then make a business card that says "Bob's Consulting". When I do business, the bills are settled to "cavalierisawesome lol llc". Can I market or advertise my services in a name separate from my incorporated name? [more inside]
Experiencing turning a sole proprietorship into an LLC in California? [more inside]
Doing business in foreign country... Should I LLC it in U.S.? Other CPA questions. [more inside]
Can two LLCs work together on a joint venture without forming a third? [more inside]
What are the implications of buying an existing LLC in Massachusetts? [more inside]
I'm going to register my company as an LLC. My next question is where? Which US state is the best for this? [more inside]
My wifes home health care business is an LLC so does that mean all our personal assets are protected?
My wife owns a home health care business with some other nurses and she says that because it's a LLC, our home, 401k, and other personal assets are safe from being used in a judgement. Is it that simple? My wife who's been an RN for many years, has never even had nurses liability insurance (and still doesn't) so I'm not sure if she understands what her personal risks are as a nurse.
LLC, S-corp or continue as a sole proprietor? [more inside]
Can someone recommend a small business lawyer in the NYC area? Also, in your opinion, which would be better for me an S Corporation or an LLC? [more inside]
can someone form an LLC specifically and solely based on another individual's work/product -- without telling/consulting them? A *LOT*-- [more inside]
I'm trying to make my new web project legal in California. After reading through the Nolo press book(s), we thought that perhaps the LLC was the best corporate structure (we are going to issue stock and give the primary developer a portion in lieu of payment). While the Federal government taxes LLCs like sole proprietorships - you aren't taxed unless you make profit, and I don't see our profit outpacing our costs for a year - the State of California charges an LLC "tax" (really a fee) of $800, due almost immediately after your incorporation paperwork goes through, so... [more inside]
If one has a business that is registered as an LLC (with no partners-- just the one person) and if: the business location (office) is in one state, the owner lives in another state and most of the business (or clients) are in a third state in which state is state income tax due-- where the office is, the owner's residence or where the clients are?