If an LLC is setup with two members (50% each) and the total income is $200,000 annual, how does that work for each member with regard to taxation? Does each member have to file an income of...
I'm setting up a C-Corporation (its Mid October at time of this writing) and planning a Kickstarter project projecting to raise $100k in funds by late November. As I understanding, KS funds are...
I would like to know whether or not I must register (as) a (limited?) company in order to provide services, or if I must register for self assessment; I'm a little confused about this and am not...
I am filling up the $800 LLC annual tax form for California and I am not sure what to include in the DBA. I think it means "Doing Business As" but is that just the name of the company again?
I'm looking to hire a full time programmer in India. Of course he would need to pay tax in India. But would I also need to pay tax in USA? If I've got an LLC taxed as an S-Corp in California?
I'm located in Ontario, Canada. I'm in talks with a company in the United States to do a software contract. We met here in Canada. I'm wondering what the tax and regulations of such a contract...
We need to file our corporate taxes (1120) for a short year and but there aren't any forms available from the IRS for year 2013 yet. Does anyone know what to do in this case? update: the company...
I'm planing to startup a company, that will operate online, with one more person. We are not from the United States but we would like to incorporate it there. Maybe Delaware or California, we are...
I co-own an LLC in Missouri that ships products that we manufacture to people around the country. I am unclear on when to collect sales tax. There is a lot of conflicting information, and the MO...
About 6 years ago I did have a limited company for Contract Work I was doing for 6 months, it was very simple and no problems. I now live in Poland with my girlfriend and found it difficult to get...
Assuming 2 partners were to invest an equal amount of cash, say $50,000, but have different ownership/profit distribution should I be worried about potential tax consequences down the line? My...
I am investing 30k in a new business with pre-tax money I made this tax year by way of my sole proprietorship. I'm I able to write this off somehow, besides the 10k for start-ups?? If not I was...
Let's say I already own a LLC (single-member, disregarded entity). Now, I just closed a new business and have a partner in the US, a new LLC will be formed, with two members - my partner and I. I...
I'm creating a website that will charge users for a online service that is usable anywhere in the world, as an example think of Google Docs. As I understand it I will pay tax revenues based on the...
last year, a friend and i started an LLC in california. we made a couple of mobile apps which we sell through apple, google, amazon, etc. shortly after that, i co-founded another startup, which has...
When I note expenses for tax deductions, the IRS states that assets aren't considered 'assets' until they are in use by the business. As a new business, we have items such as computers, desks,...
In my startup I plan to hire independent contractors for recurring ad-hoc jobs. If freelancers are usually not business entities and do not have a possibility to give an invoice, how can I legally...
I have a question similar to this one, with one difference: I'm going to be running my business while travelling the world over the next few years, both in the US and out. (I'm a resident of...
I primarily live in California, but own a home in Texas. I will be fundraising for a Texas start-up, getting paid commission. Prospective funders are from all over the world. Where do I register my...
I own a website and I sell digital content. I'm a non-resident alien with the US. Most of my customers are US based so I was wondering... Will I have to pay any taxes to the US? I have read that...