answersLogoWhite

0

What else can I help you with?

Continue Learning about Accounting

How much do you charge for editing and proofreading a 13-page document?

It would be normal to charge per page of the document. This is a short document so fifty cents to a dollar a page would not be unreasonable. You could also set a flat rate of ten dollars or so.


In a two member LLC how do you file taxes to be treated as a partnership?

LLC is Limited Liability Company. It's allowed by state statute. But the IRS doesn't recognize LLC as a classification for federal tax purposes. Under IRS Default Rules, a Limited Liability Company with at least two members is considered as a partnership. Form 8832 is Entity Classification Election. An LLC with two or more members would only have to file Form 8832 if the LLC didn't want to file as a partnership. As a partnership, the LLC would file Form 1065 (U.S. Return of Partnership Income). For more information, go to www.irs.gov/formspubs for Publication 541 (Partnerships) and Publication 3402 (Tax Issues for Limited Liability Companies).


When a company files as an LLC on a W9 form what would be the appropriate circumstance in which a disregarded entity would be chosen as the tax classification?

A disregarded LLC is one that is a single member LLC or Foreign LLC with a domestic owner that qualifies under Statute 30.7701-3 For an LLC that is disregarded as an entity separate from its owner, you must show the owner's name on the first name line. On the second name line, you may enter the LLC's name. Use the owner's TIN. Do not enter the disregarded entity's EIN.


Who would have made it easier for debtors to pay their creditors?

Historically, figures like bankruptcy reform advocates and economists promoting debt relief measures would have made it easier for debtors to pay their creditors. Legal reforms, such as those introduced in bankruptcy laws, aimed to provide structured repayment plans and protections for debtors. Additionally, financial educators and non-profit organizations offering credit counseling services have played a significant role in helping debtors manage their debts effectively.


What would be something provided by local tax money?

Local tax money typically funds essential services and infrastructure within a community. This can include public education, road maintenance, public safety services like police and fire departments, and parks and recreational facilities. Additionally, it may support local health services and community programs aimed at enhancing the quality of life for residents.

Related Questions

How do you deal with unreasonable requests?

I would explain why I thought it was unreasonable, and offer alternatives.


Would calling the police because of loud partying neighbors unreasonable?

no it isn't unreasonable but maybe call the community police officer because they would be more helpful This has happened to me and it got sorted out.


What is the opposite of commonsensical?

Unreasonable or illogical would be opposite of commonsensical.


Is 100 mortgages an unreasonable number for someone who owns 100 properties?

100 different mortgages could be an unreasonable number for an individual person unless they have someone to handle their finances and have sufficient income. It would probably be less unreasonable if it were for a large business or organization as they would need more properties and have employees to handle them.


Where would you find the dewy classification system?

You would find the Dewy Classification System in a Library!


What is synonym of irrational?

Synonyms would be 'unhinged', 'mad', 'loopy', 'impulsive', 'unreasonable', 'unsound'.


What property classification would include?

Durable is the classification that includes tools.


Which property classification would include?

Durable is the classification that includes tools.


What classification would include tools?

Durable is the classification that includes tools.


Property classification would include tools?

Durable is the classification that includes tools.


Which property classification would include tool?

Durable is the classification that includes tools.


What property classification would include tools?

Durable is the classification that includes tools.