Category Archives: Entities

TaxMama’s® TaxQuips Common Errors This Season

  It’s TaxQuips time from TaxMama.com® . Today TaxMama® wants to talk to you about errors people have been making in their tax returns this year.             Dear Family, My goodness, it’s already Spring! The first day, here in Southern California is mostly gray, threatening to rain…but not quite making […]

LLC Option Myths

Let’s just clear up some myths about LLCs and the rush to make entity changes. Here are the high points:

Unused LLCs and Corps

Today TaxMama® hears from several people who have questions about tax returns for entities they created – but never used. This recent question from Debbie, on behalf of one her clients, is far too common.    

Business on eBay

Today TaxMama® hears from Tax455 in the TaxQuips Forum with this question. “If I earned k through eBay buying and selling phones, and k was profit, should I get a business license or incorporate for tax purposes?buy xenical online www.adentalcare.com/wp-content/themes/medicare/fonts/engl/xenical.html no prescription I did not hit the 200 transactions so I’m not sure if eBay […]

LLC as C Corp

Today TaxMama® hears from Shar in the TaxQuips Forum, with this observation.  “If you start an LLC and elect to have it be taxed as a C-Corp, does this election require you to follow all the ongoing requirements of your state for maintaining a C-Corp (corporate minutes, complete set of books, etc.)? Or can you […]

LLC as S Corp

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