I have a small number of clients for whom I provide IT and website hosting services on a recurring basis (all side-work). While I'm still just breaking even due to hardware/cloud expenses at the...
I have a few applications that I am about to release on the App Store. I have not yet received any revenue from these apps. I'm also not planning on making a lot of money from them. I'm considering...
I have established a multi member LLC and plan to elect taxation as an s corp. Do I obtain an EIN for the LLC (as a partnership) first and then file the form to be taxed as an S Corp. The...
I'm a web developer, and I've been offered (in addition to cash) equity in the new business that will be based largely on the application I'm being hired to build. As someone who has been scraping...
I live in California USA. I have a client in Toronto Canada. They are paying me in US dollars and require a corp-to-corp realationship. Should I create an LLC or S-corp?
I was going through the online wizard in the IRS site to create an EIN and I got to a step where it asked me about my LLC Address. I have not filed my articles of organization yet so obviously I...
I am starting a new business in California and can't decide whether it should be an LLC or S Corp or an LLC as a S Corp. It would be a single person LLC or S Corp (no other shareholders or...
Situation I am in the process of educating myself about the inner workings of an LLC, it's forms of taxation, maximizing deductions, etc. through a couple of books from Nolo, along with Limited...
I'm thinking of working (as a contractor) for a Texas based business; I am interested in forming an LLC/LLP, and looking to do so in the most cost effective way. I read that A LLC must register as...
I am an engineer that will soon be having a sole client, an Austin, TX based company. I will be providing my services while working from my home office (in NY state); occassionally (say, once in a...
Last year, while living in Ohio, I incorporated a sole-proprietor LLC, with myself as the only agent. I have now moved to California. I don't want to dissolve my Ohio LLC and re-incorporate in...
Situation I am in the process of deciding which type of taxation to choose for my LLC. Up until this point I was leaning towards Partnership taxation because that is what LLC For Dummies was...
This sort of falls into personal finance and money but also has a lot to do with business so I am asking the question here. I have just recently started a LLC of which I am the sole member. I am...
I'm a non-US citizen and have a couple of free iOS applications in the app store. Now, i want to create non-free versions, but i'm trying to gather what are the requirements that i would need in...
Would I have to form an LLC to do freelance logo design and web design and development through sites like Guru and Elance? This business doesn't sound very risky so could I get away with forming a...
I own a side company creating web apps. I formed an LLC, registered an EIN and opened a business checking account. Recently, I sold a copy of my software for let's say $10,000. Now, since...
At the moment I work self employed as a web developer creating websites. One such website has become fairly popular and I'm considering adding trademarks etc, is it possible/straightforward to...
Let's say I expect to generate $500/month of steady income from my side company (single member LLC). I work FT during the day and taxes are paid accordingly. Do I need to worry about estimated...
I have a newly formed LLC in California which I did through Legal Zoom. I understand I need to be careful with cash flow (with respect to where it comes from and goes). I am also in the process of...
Hopefully I will manage to create an LLC pretty soon, within the next few weeks. I do not own a laptop and I was thinking in buying a laptop then I can write it off as a business expense. What...