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63000jobs lose and corporation getting tax break to move over seas. what is our government doing to U S?

Posted by admin on Nov 22nd, 2008

richard d asked: military sending weapon work over seas and a long with this country job and tax revenue while the U S taxpayer pay for this with NO RETURN IN TAX REVENUE. this is just so hard to see any reason in this unless they going to this one world government and end the [...]

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how are sports tickets treated tax-wise for a corporation?

Posted by admin on Nov 20th, 2008

forgejohn asked: if I take a client and both our wives.. are the wives tickets dedcutable as a business expense?
what if it is just my son and myself?
how should my company treat each scenario tax-wise?
I am under the impression that if an employee goes to a game without a client, it can be considered additonal [...]

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I need tax advice on a corporation vs llc taxes?

Posted by admin on Nov 19th, 2008

Kaily K asked: I’m debating on a corportation or llc. My business will profit less than 50,000per year and I would like to now what taxes are involved. Can anyone give me advice and tax rates. Thanks!

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I have a CA S corporation, Can EDD hold me personally liable to a tax assement?

Posted by admin on Nov 15th, 2008

Robert S asked: The Employment Developement Department of california has threaten me with a tax assement and I would like to know if I can be personally held liable for it. In other words if I don’t pay it and they send it to collections could that be reported on my personal credit report?

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What are the tax implications to my Canadian corporation if I live outside Canada?

Posted by admin on Nov 15th, 2008

DM asked: I have been a Canadian resident and own a Canadian corporation. Now, I am getting to my retirement age, and wish to live somewhere outside Canada where the climate is warm and no snow. I would ask my son-in-law to take care of my business when I live south.

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Which of the following statements is correct about a corporation in the 35% tax bracket that can invest either

Posted by admin on Nov 13th, 2008

diet4evr asked: Which of the following statements is correct about a corporation in the 35% tax bracket that can invest either in a bond paying 8% interest or in the preferred stock of another corporation which pays a 6% dividend? A) The stock is preferred by approximately .17%.
B) The stock is preferred by [...]

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if you tax big corporation wont they pass the cost on to the consumer?

Posted by admin on Nov 12th, 2008

whats your excuse asked: Can trickle up economics work?

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Is there any way I could work as a tax lawyer but not work for a big business/corporation?

Posted by admin on Nov 5th, 2008

Chad S asked: I am currently majoring in accounting and am going to law school to become a tax lawyer. But I would like to return to my hometown after completing school – my town has about 40-50,000 people. I would obviously not be able to work for a big business/corporation in a town like [...]

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AVOID income and corporation tax?

Posted by admin on Nov 2nd, 2008

vitor.fereira asked: I live and work in the U.K and i have an LLC in Delaware
The reason for creating the LLC in the U.K is to avoid paying corporation tax,
Delaware has no sale tax and because online business services are tax free (we have an online business).
Now that doesnt mean that i avoid income [...]