Відео

Thanks a lot for your video. Super helpful!!!!!!!!

What if an entity like a Trust owns the LLC. How to put the beneficial owner info ?

For pass through income, what do I do if I file 'married filing jointly', and my wife works for a company and I have and LLC? My quarterly income is negative for the business, positive for unemployment benefits (with 10% taxes removed). Both unemployment and my wife's income already have tax estimates removed.

Double Clap for this vid!!

AHHHH Quarterlies!!! NOOOOOO

Hi ! this is kinda off the topic, but I have a question: is it double dipping if you claim your expenses on the income statement and then turn around and take those same expenses on schedule C? please explain!

How to download this spreadsheet.

Please send Excel worksheet link. For practice purpose

What if I need to make a correction because I put it in the wrong name ? I see where it says to make a correction, but then it asks me for the name that I made the original filing but I need to change the name?

Is this a yearly requirement or once and update as ownership changes?

Hi! I wonder about what you said regarding the Company Applicant section. I read or watched somewhere that if I payed someone… yes I was so busy and afraid to make a mistake that I payed our accountant to register the company with the state, then I have to enter their information under the Company Applicant. And our information goes under Beneficial Owner… Now I am confused. 🤔

Is this CTA beneficial owner rule still in effect? Wasn’t it ruled unconstitutional?

What do I do if I'm closing my LLC this year? Is there a "Final" form I also must file? Or is there a way to denote I'm closing the company (or closed the company) in the Initial filing?

Thanks coach! 😊 #steadylearning

What if I created an LLC because I thought I might need it for taxes, but I didn’t, and I’m the only person involved, and the LLC isn’t doing anything now? Do I still need to file?

I really love your slide work and teaching

Hey Amanda...thanks for the video. What about filing foreign entities in other states? Should 2024 entities be filed within 3 months? There are issues within the legality of FinCen, correct?

Great content thank you so much for the video how do we find out more about your courses

I think this filling requirement is being contested in court as being unconstitutional. So for those whose businesses existed before 2024 can probably wait to see if a decision is made before end of year since they have until Jan 1, 2025 to file.

You are great. You always give such great advice. I love that you recommended freetaxUSA years ago. It’s one of the best softwares on the market for filing taxes. I have been using them for 4 yrs now because of your advice. Thanks a ton.

Could one spreadsheet system service multiple retail stores that are in separate companies ? Will balancing the intercompany amounts be an issue? Really tired of QB unnecessary complexity

Hi. I just watched your video after receiving a four page letter from our CPA telling us we need to file this and it comes with a bill from them. UGH! So I'm trying to do this myself and after watching your video it seems doable. However, I cannot find the second video. Where is it please??

Hi. Great video, but still confused :(... In Jan 2024 I switched from middleman (contract agency) W2 employer to going direct 1099 with same end client I knew as employee, but now a brand new client for my ongoing (many years) sole proprietor business. I earned and paid a good amount of tax for 2023 on W2, meanwhile my sole proprietor business had a loss for 2023 as it had no clients for a couple of years. Turbotax 2023 estimated payments (for 2024) tool says I don't need to make any estimated tax payments for 2024, even though I told it that I expect to make a similar good amount in 2024, but as a contractor. Does that sound correct from TTax? Is TTax essentially and correctly saying I owe no estimated tax because my sole proprietor business owed no tax in 2023? Thx.

Thank you but where is the second video you mentioned?

the legal is so messed up where people can just sue like that where you have to do LLC just to protect yourself

Hi I got a letter from Florida department for a final Assessment do that means in in trouble with the IRS

Thx for the info. So if I’m paying my minor (via llc) less than the standard deduction, do they have to file a tax return?

Need help getting 1099 NEC

Fantastic presenter !

Thank you so much! You really make these complex tax situations very clear and actionable!

Now is it too late for me to hire my daughter as its passed Jan? Sorry was a little confused on that oart

Great video. I’ve been wondering how to pay my daughter for my cleaning company. Thanks for the this video!!

Oh My goodness- super helpful information and wonderful ability to make it understandable-- thank you!

Is there a way to tell if a business has registered already? Or is there a problem if there are double entries? We have asked our accountant and attorney (which handle SOS renewals) if they have done this yet with no response from their offices. (Yes, frustrating!) I would like to take this off my list and just do it myself if I know they havent already...

Will this need to be filed EACH year?

Thank you so much!

Super helpful thank you!

subscribed, super clean and informative and appreciate the context given as well.

I’m getting mixed messages. If you get a 1099k for a sole proprietorship business on ebay, do you file?

EDIT: I misspoke about this being an annual filing - it is a one-time filing, unless you need to update the ownership information.

Thanks so much for this video and information. Your videos have helped us so much!

Disgusting.

Great video!!! But you made an error this is NOT an annual filing. You only need to update information if something changes namely address or driver's license or passport expires.

I'm curious how this comports with the few states, or maybe it's just one, but allow you to own chairs in a business or percentage of an LLC anonymously. If I remember correctly, Wyoming allows you to own a business anonymously and the only thing that has to be listed is the registered agent.

Thank you!

Fuck the government and their shady data bases that do nothing but store our business info so they can extort us later through tax's... Stop filing these bullshit LLCs they're not there for your benefit.

Do they send you a notice or reminder when it is due. I have never even gotten a notice that i needed to do this.

Very informative video. Thank you

Excellent info. Thanks!

Thank you!!