what is the difference between sole proprieter and LLC?
Friday, August 26th, 2011angela asked: I am interested in starting a side line business of selling womens merchandise. I am not sure if I should file as a SP or an LLC. Any recommendations?
Archive for August, 2011
How much does insurance go up after getting a new car and having a recent DUI (3 months ago) on record?
Wednesday, August 17th, 2011Douglas asked: DUI was reduced to a Wet Reckless lesser or included DUI. Please give me an estimate. I live in CA and in the 90066 area code.
Transitioned business from proprietorship to LLC - How to file taxes?
Sunday, August 14th, 2011chris c asked: I transitioned my business mid 2007 to an LLC. Should I file taxes as two separate businesses? The first to include income and expenses as the sole proprietorship and the second to include income and expenses after becoming an LLC.
Or should I just include everything under the LLC?
Thanks!
It [...]
What is the difference between a DWI and DUI?
Friday, August 12th, 2011SallyMay asked: Do they carryy the same amount of time in Arkansas. What is the difference? I mean does one carry a stiffer punishment and higher fines. I was wondering for my best friend got a DUI. But the courts have it mixed up as a DWI on the paperwork and should he leave it [...]
How does a LLC that holds rental properties write checks to one LLC member?
Friday, August 12th, 2011Boris asked: It’s a one person LLC, wondering what’s the best way to write a checks from the collected rent. Should it be as employee earnings or dividends or as a gift or just a straight check to myself with no note? Or am I completely wrong. Thanks.