Tax Questions

As a single owner of an LLC, are you required to pay taxes on the LLC's profit or revenue?

LLC Tax USA

asked Jan 31 '12 at 00:10

Ali
179 points

I have an LLC with multiple partners (members) that work from home. We're a tech startup company. We each work from home, and want to take advantage of the home office tax deduction. Is this...

LLC Tax

asked Feb 2 '12 at 05:06

Box Cat
5 points

We are a UK private limited company who export from India direct to our customers in the UK, we are now looking to export from India into the US. My question is regarding the import duties and...

Tax USA VAT

asked Feb 2 '12 at 08:10

Dav
8 points

I've ran a few contests / giveaways on my site for new customers. So far I've given away a color nook, 2 rounds of golf, and 2 ski lift tickets. Just some stuff to get people more active in the...

Marketing LLC Tax Promotion

asked Jan 18 '12 at 05:03

Jared
31 points

I am a Software Developer and I live and work for a company in the UK and pay PAYE taxes and NI Contributions through my wages for this jobs salary. I am looking to start working on a couple of...

Getting Started UK Tax Contractor

asked Jan 19 '12 at 00:16

Penfold
111 points

I am a fifteen year old Web and iPhone developer. I'm looking to get apps published on the App Store under a business name. So, this leads me to a few questions. (I already have a bought...

Software Legal Tax Business Iphone

asked Jan 22 '12 at 14:24

Crystal
51 points

In Europe, there is enormous tax differences between high tax and low-tax jurisdictions for holding IP (for example 60% for owners of a "3:12" Swedish company vs 5% for a Luxembourg IP...

Tax Intellectual Property

asked Jan 23 '12 at 09:11

User239558
228 points

I have a plan for some software / services that I believe can generate some cash through advertisements, selling 'pro' versions of the application in their respective 'app stores' and through...

UK Tax

asked Jan 12 '12 at 02:22

Krslynx
118 points

All the investment to my company now is my time and skill. But I do have to pay out of my own pocket for elance, cloud computing, etc. These, based on my understanding, would be counted as "loss"...

LLC Tax

asked Jan 13 '12 at 08:32

Tom
197 points

so from what I've seen the US offers quite low incorporation cost (it appears that you can form an LLC just by a few hundred dollars) my question is, is there any other country that satisfy these...

LLC Incorporation Company Tax

asked Dec 31 '11 at 20:32

Kamikaze Pilot
253 points

I'm starting a very small business out of my home in Texas. I've formed the LLC and opened a bank account for it. How should I handle putting my own money into the business account so I can avoid...

LLC Tax Money Income

asked Jan 1 '12 at 05:02

Grilldos
31 points

My business is in Canada. I sell goods online that I ship by mail. I would like to use a fulfilment center in the UK to lower the cost of shopping for my european sales. Do I become liable for...

UK Tax Canada Online

asked Jan 1 '12 at 19:29

Alexandre H. Tremblay
186 points

In what year do payments to subcontactors count, for tax purposes? For example if I don't make the payment until after Jan 1 but the money was earned the previous year, which tax year does that...

Tax Independent Contractor

asked Jan 2 '12 at 05:37

Don Zacharias
132 points

Does anyone know more about the "Double Irish" Structure to avoid paying income tax for worldwide profits. 100% of the revenues of my company are made oversees. I export physical products oversees....

Tax International

asked Jan 2 '12 at 15:51

Alexandre H. Tremblay
186 points

Business owner, how does he/she get paid? Withdrawals vs Salary (Guaranteed payments) I've been thinking of registering a Ltd company (UK) as I'm a freelancer; and want limited liability. Also to...

Payments Tax Business Ltd

asked Jan 8 '12 at 05:58

Klj613
36 points

We are currently in the month of December and have about $10K (all revenue - all expenses) in our LLC's account. We plan to use this to invest on a project early next year. Unfortunately, it is not...

LLC Tax Investors

asked Dec 21 '11 at 03:33

David
6 points

we have the following complicated issue: US based company has an employee who is German citizen but lately lived in the US with a US Visa and work permit and hired at the US company company wants...

Tax International

asked Dec 22 '11 at 01:52

Martin
6 points

I am in talks with various international banks in India who're ready to provide us a US based bank account provided we meet their minimum balance requirements in a local bank. A US based account...

Tax Bank Account

asked Dec 22 '11 at 23:19

Ankur Jain
566 points

My company in Hong Kong is selling handphone accessories. We also have an online store. Because we have increasing customers in US, we are thinking to incorporate a company in US. This is to...

Incorporation Foreign Tax Resellers Distribution

asked Dec 16 '11 at 14:12

Paul12
18 points

If I register as a LLC in Delaware and set up a Virtual Office in India, how will I be taxed? What are the kind of taxes that I will see? Is it better to start a C type single member Corporation?...

Virtual Workforce Tax

asked Dec 6 '11 at 23:23

Praveen T S
6 points