7 June 2021 | 0 replies
My question is I am a sole proprietor, no business name or EIN its all under my social.
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7 June 2021 | 1 reply
Hello everyone!Just testing out posting on here.Jeffrey
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15 June 2021 | 4 replies
If you have an S-corp or C-corp (Not a partnership or sole proprietor, or just rentals), you can deduct 5,250 from business to pay your student loan if you provide service to your corporation and have a W-2 from your corp.
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22 June 2021 | 0 replies
I have been told that I need to open a separate bank and apply for a GE Tax License, but I'm not sure if I should set it up as a Sole Proprietor or a Limited Liability Company.
23 June 2021 | 2 replies
Individual/sole proprietor or single-member LLC" should not be checked.
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26 June 2021 | 1 reply
If the LLC for your replacement property is a disregarded entity (meaning it is a single member LLC and has elected to be taxed as a sole proprietor and doesn't file its own tax return) then selling in your name and purchasing in the LLC is fine.If the LLC is a multi member LLC or files it's own tax return they you'll need to tkae title tot he new property in your name as you sold the old one.
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29 June 2021 | 0 replies
Hello,
I'm running into an issue I think the community may be able to help guide me through.
I recently built a new SFH for the purpose of using it an an investment property.
My construction company runs out of ...
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29 June 2022 | 7 replies
We would not transfer the property to the LLC, we would remain the sole proprietors.
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20 July 2022 | 16 replies
A husband/wife LLC in a community property can file it's taxes as a sole proprietor.
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1 August 2022 | 9 replies
Whether they have LLC and EIN or just work as a sole proprietor under their own SS#, you need to have a W-9 form from them with that number.