Archive for May, 2011

How do I file my taxes as a former member of a LLC?

Sunday, May 29th, 2011

Slim asked: I was a former member of an LLC that owned a restaurant. The business failed, I withdrew from the LLC and the remaining 2 partners are still active, but doing nothing with the business. Since I withdrew from the business prior to year end should I be concerned about the taxes [...]

What Are The Consequences of Getting a Third DUI?

Sunday, May 29th, 2011

John A asked: This is my third DUI after five years. I was off probation for a year, and I just got another DUI in Los Angeles, CA.
Whats going to happen now? I heard up to 15,000 dollars in fines. Is that true? What else?

I want to form a single member LLC, possibly filing as an S-Corp. What tax forms would I file and when?

Sunday, May 29th, 2011

Adam R asked: I haven’t decided if I will file as an S-Corp, but I would like to know what tax forms I must file and when they are due for both LLC and a LLC filing as an S-Corp. I am having trouble putting the specific forms and due dates in black and white [...]

How does an LLC account for a fundraising project as income?

Thursday, May 26th, 2011

R C asked: If an LLC launches a brick paver project/campaign to raise money, do they account for the income at the end of the year? Selling engraved brick pavers to raise capital is necessary for an LLC.

Good DUI Lawyer in state of Georgia?

Wednesday, May 25th, 2011

h k asked: Can you please suggest good DUI Lawyer in state of Georgia.