Tax Questions

I am an LLC owner in US. I founded that LLC in 2010, and now an investor is going to acquire 90% of the shares of that LLC. Let's say he acquires it for 10M USD. What will be my total tax...

LLC Tax Capital Gains

asked Aug 10 '19 at 16:47

Vivek Thakur
1 point

My recent start up business has been very profitable right away and also full of drama. Long story short, I run a S Corp LLC and have transferred over 15k into my personal account over the last...

Legal Tax

asked Dec 28 '18 at 00:33

Anthony Bauwens
1 point

We are developing a new web-based product. Looking for feedback from people who have applied for such tax credits. What are the steps to applying for an R&D Tax Credit? How difficult was it...

Tax USA

asked Mar 27 '13 at 23:17

Clay Nichols
737 points

Like many software product companies, we spent an exorbitant amount of money in 2008 developing our product. I’ve heard that there are federal R&D tax credits available ("Section 41 Credit"),...

Finance Tax

asked Oct 15 '09 at 12:08

Alex Papadimoulis
5,901 points

We don't need a one-shot collaboration (see elance.com, odesk.com) but a long-term remote developer. We don't know, legally speaking, how to proceed and which are the needed steps. Thank you

India Hiring Outsourcing Legal Tax

asked Oct 12 '10 at 23:45

Leonardo Dario Perna
106 points

My core aim is to hire people directly in India (Delhi) and spend a lot of time there myself (I am a British person with a British passport). I am interested in knowing what are the best options...

India Hiring UK Tax Offshore

asked Dec 10 '10 at 22:47

Dav
26 points

I previously operated my consulting business as a sole proprietor operating under my own name, using my SSN on W9 forms, etc. I have since registered an LLC and am starting to bring in clients. I...

LLC Tax EIN

asked Apr 17 '12 at 10:39

Eddy Luten
171 points

I'm currently using a 2009 version of QuickBooks Pro for my S-Corp accounting needs. They recently sent me a letter "suggesting" I upgrade to the 2012 version ($200+) as many of the features of the...

Tax Accounting

asked Mar 10 '12 at 03:23

Dave
160 points

I am from central Europe, and there is really HUGE taxation (about 0,44 on wages, 0,2 on goods, so about 55pct goes to taxation black hole). I got idea - is it useful scenario to pay my employees...

Legal Tax Currency

asked Mar 26 '12 at 00:14

Joseph
21 points

Can I start an internet-based company in India, while working in the USA on an H1B visa? Will I be able to incorporate in India and pay taxes? Is it allowed? What are my options?

India Incorporation Tax

asked Jul 20 '11 at 23:14

Ravi
6 points

This question might seem more negative than it is...I'm looking to travel the world and build my startup on-the-go. Would I need to pay income tax in any country if I don't stay in a country for...

Legal Tax Remote Travel Tax Structure

asked Jul 1 '14 at 14:28

Willie Hudson
6 points

If we were to incorporate our company in another company (where one of our co-founder lives), would that seriously limit our ability to raise money from venture capital firms?The primary benefit to...

Funding Venture Capital Legal Tax Tax Structure

asked Jul 10 '14 at 20:14

Ronald Whittaker
7 points

I have tried (and been rejected by) a few online payroll solutions. As I am about to start (very soon) working with real employees, I need to find a way to do payroll more or less manually (though...

Getting Started Employees Employers Tax Payroll

asked Mar 30 '12 at 01:53

Michael Trausch
135 points

Until NY state came up with the internet sales tax law, affiliate marketing was the primary way I generated revenue from my site. Since Amazon and other companies started to stop working with NY...

Tax Affiliate Amazon Affiliate Marketing

asked Mar 11 '14 at 23:58

Joseph Hager
10 points

I've recently started working on a couple of software projects that I hope will generate income in 2014. I eventually want to form an LLC, but I'll probably end up doing that closer to completion...

LLC Tax Business Expenses Sole Proprietorship

asked Dec 10 '13 at 19:30

Archagon
111 points

As a sole-proprietorship living in the US. If I make $50000 income and I spent $10000 in advertising. My taxable income is $40000, correct? Now, if I re-invest the entire $40000 back into...

Advertising Tax

asked Nov 29 '13 at 09:52

User29838
1 point

I am resident in the USA. If I hold 50% shares on a foreign corporation in a beneficial tax regime, according to the US CFC rules I will own a controlled foreign corporation (CFC). Would I be...

Tax Business

asked Nov 29 '13 at 09:58

User29838
1 point

I have been working on a startup for 5 months. The startup has some outside investment and money in the bank. My co-founder is CEO and never set up payroll. Instead, he had us taking money directly...

Tax Payroll

asked Nov 22 '13 at 09:16

David P6
1 point

I have a single member LLC in New Jersey. Upon my death, will my wife be taxed (and how much) if I assign my ownership interest to her as per an operating agreement?

LLC Tax USA

asked Nov 22 '13 at 12:28

Infi
1 point

I believe that during the first year of operations a new LLC can treat all capital (up to $50,000) as expenses instead of having to amortize over 180 months. I have 3 questions related to...

LLC Tax USA

asked Oct 26 '13 at 02:45

John E Watson
14 points