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sccas
Employee Tax Expert
Employee Tax Expert
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  • Hello and great question. I'm not sure if you have taken money out via distributions. If you have, I recommend that you work with your bookkeeper to reclass som...
    sccas
    Updated Nov 13, 2024
  • Hi@sf94 Great question! So remember that LLC's are normally formed at the state level. If you chose to be SMLLC, generally it goes right onto your Schedule C. H...
    sccas
    1
    Updated Aug 30, 2023
  • Hello@coumbak! So there are two methods to home office deductions. Once is called the simplified method and the other is percentage of your home used. I love th...
    sccas
    Updated Aug 30, 2023
  • Hello and yes starting a new business in a huge endeavor and it comes with more responsibility. As you mention becoming an LLC would not have any huge financial...
    sccas
    Updated Aug 30, 2023
  • https://turbotax.intuit.com/tax-tools/calculators/tax-bracket?srqs=null&cid=ppc_gg_nb_stan_all_na_Calculator-CalculatorEstimateBrackets-Estimate-Exact_ty22-bu3-...
    sccas
    Updated Aug 30, 2023
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