I think I'll take the LLC recommendation to heart.
Be carefull about LLC/S-CORP election. You will need to pay FUTA tax to the dep of labor. FICA also on W-2 for yourself.
Linforpros - not a tax...
Type: Posts; User: LinForPros; Keyword(s):
Be carefull about LLC/S-CORP election. You will...
I think I'll take the LLC recommendation to heart.
Be carefull about LLC/S-CORP election. You will need to pay FUTA tax to the dep of labor. FICA also on W-2 for yourself.
Linforpros - not a tax...
Depreciation of an Asset during Business Structure Change
Hi, Here is the Story and a question:
In Sept 2012 A Two memeber LLC purchased two vehicles for Taxi Service.
That year is a short tax year for the LLC.
Depreciation Detail Listing looked like...