Business/Accounting

What happens if an LLC makes no money? But even though an inactive LLC has no income or expenses for a year, it might still be required to file a federal income tax return. LLC tax filing requirements depend on the way the LLC is taxed. An LLC may be disregarded as an entity for … Read more

If you are a small business owner, you might have first formed an LLC to safeguard your personal assets. However, as your company expands, you could start to doubt the wisdom of switching to a S Corporation (S Corp). The expense of switching from an LLC to a S Corp is one of the main … Read more

How do I find my employer account number in RI? If you already have a Rhode Island Withholding Account Number, you can find it on previous correspondence from the RI Department of Revenue or by contacting the agency at 401-574-8829. Read more on squareup.com As a business owner, you probably have a lot of questions, … Read more

What does an S Corp need to file? If your business has an S-corp tax classification status, you must file form 1120S, which is essentially the annual tax return for your business. Use this form to report deductions, gains, income and losses from the business during the current tax year. Read more on www.creditkarma.com An … Read more

Is a business entity report the same as an annual report? Limited liability company (LLC) and corporation owners must file an Indiana business entity report every two years. It’s similar to annual reports that are filed in other states, but the filing frequency is every two years instead of every year. Read more on www.zenbusiness.com … Read more

Which business is best for accountants? What Are Some of the Best Small Business Ideas for Accountants? Tax Preparation. Real Estate Appraisal. Remote Bookkeeping. Financial Consulting. Finance Software Tutoring. Collection Agency. Notary Public. Mortgage Reduction. Read more on www.startingbusiness.com As an accountant, you are fluent in financial jargon and have a thorough understanding of tax … Read more

How do I file an annual report in Texas? How Do I File an Annual Report? OPTION 1: File Online With Texas Webfile. OPTION 2: File by Mail. Fee: Tax rates vary based on total revenue. Mailing Address: Due Date: Texas LLC annual reports are due by May 15 every year. Late Filings: Any annual … Read more