Author Topic: any accountants out there that i can ask a question?  (Read 490644 times)

Offline jackofall

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Re: any accountants out there that i can ask a question?
« Reply #740 on: February 10, 2016, 12:37:14 AM »
How much does it cost to open a LLC?
can I do it myself online?
Is there an annual fee for a llc?
Federal Free. State depends on state.
Federal yes. State depends which one.
Annual fee again no for federal, state.....
If you focus on being a boss, you will never be a leader. Leaders lead people to growth and improvement.

Offline akivak

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Re: any accountants out there that i can ask a question?
« Reply #741 on: February 10, 2016, 12:40:03 AM »
Federal Free. State depends on state.
Federal yes. State depends which one.
Annual fee again no for federal, state.....
Nj

Offline Mordyk

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Re: any accountants out there that i can ask a question?
« Reply #742 on: February 10, 2016, 01:27:03 AM »
For a family of 2 adults and 2 children at what income do you make the largest tax return for 2015
#TYH

Offline MarkS

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Re: any accountants out there that i can ask a question?
« Reply #743 on: February 10, 2016, 02:06:26 AM »
For a family of 2 adults and 2 children at what income do you make the largest tax return for 2015
Plug in some numbers and you'll see.  https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

Offline churnbabychurn

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Re: any accountants out there that i can ask a question?
« Reply #744 on: February 10, 2016, 03:06:09 AM »
Nj
Online.
Iirc $50 to register and then 150 a year fee

Offline churnbabychurn

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Re: any accountants out there that i can ask a question?
« Reply #745 on: February 10, 2016, 03:37:34 AM »
Reuven wants to buy shimons business, a C corp.
How does he buy only the assets of the business, -goodwill, name,fixed assets, leases, vehicles, etc. but not the AP and other liabilities?

Offline Jack out of the box

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Re: any accountants out there that i can ask a question?
« Reply #746 on: February 10, 2016, 10:10:29 AM »
For a family of 2 adults and 2 children at what income do you make the largest tax return for 2015
Your question sounds very fishy to say the least.

Offline Mordyk

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Re: any accountants out there that i can ask a question?
« Reply #747 on: February 10, 2016, 10:11:49 AM »
Your question sounds very fishy to say the least.
who says it isnt? ;D
#TYH

Offline Dawie

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Re: any accountants out there that i can ask a question?
« Reply #748 on: February 10, 2016, 10:12:57 AM »
They took off taxes on it. The question is do I get it back as part of 2015 income or 2016 income.
they will send you a 1099 (or the equivalent)

Offline Dawie

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Offline avrumy

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Re: any accountants out there that i can ask a question?
« Reply #750 on: February 10, 2016, 10:29:19 AM »
https://apps.irs.gov/app/vita/content/globalmedia/earned_income_credit_table_1040i.pdf
for 2 kids the max EIC is 5548
between 13850 and 19200
23,650 is the correct ending number and 16,333 would get you max on the Additional child tax credit so if you made this amount you would get most on EIC and full 2k on Additional child tax credit. And if you live in NJ you also get 20% of what ever you get on federal EIC which would be $1109 Total $8,657
« Last Edit: February 10, 2016, 10:35:21 AM by avrumy »

Offline Dawie

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Re: any accountants out there that i can ask a question?
« Reply #751 on: February 10, 2016, 10:30:52 AM »
23,650 is the correct ending number
(i thought so too but) not according to the chart posted

Offline avrumy

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Re: any accountants out there that i can ask a question?
« Reply #752 on: February 10, 2016, 10:32:38 AM »

Offline Dawie

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Offline Jack out of the box

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Re: any accountants out there that i can ask a question?
« Reply #754 on: February 10, 2016, 10:46:44 AM »
who says it isnt? ;D
I am a tax preparer. I would not run to take on a client who starts off with your kind of question.
Of course there are legal ways in some cases to make things fit - such as which credits to claim, which to leave, what expenses must be reported, which are your choice (e.g. business use of your home). That's what tax pros are for.

Offline joeberg

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Re: any accountants out there that i can ask a question?
« Reply #755 on: February 10, 2016, 10:49:00 AM »
Nj
It's $125 to file and I think $50 annual .

Offline joeberg

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Re: any accountants out there that i can ask a question?
« Reply #756 on: February 10, 2016, 10:49:52 AM »
Nj
It's $125 to file and I think $50 annual .

Offline churnbabychurn

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Re: any accountants out there that i can ask a question?
« Reply #757 on: February 10, 2016, 12:46:58 PM »
It's $125 to file and I think $50 annual .
Lol -1

Offline joeberg

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« Last Edit: February 10, 2016, 02:20:35 PM by joeberg »

Offline Zevi16

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Re: any accountants out there that i can ask a question?
« Reply #759 on: February 10, 2016, 02:25:19 PM »
Forming an LLC in NY.
I am doing it online on TotallyLegal.Com is that a good idea?
Is it important to make a registered agent?
Is $69 ok to get the EIN for me?
Tia.