Great follow-up question!
To address the question, I first have to make the assumption that you are the sole shareowner of the S-Corporation, or that you own a...
You would want to amend your payroll tax returns to eliminate the amounts you paid yourself, including eliminating the payroll taxes you paid in for yourself. E...
Great, so as you didn't file either of those forms, the IRS will treat your Single Member LLC as a sole proprietor, and you will report the business income and ...
1. Forms W2 are required to be issued to the employees and copy A is required to be filed with the Social Security Administration by January 31of the subsequent...
Correct, if the vehicles became business assets of your business on the date your wife passed, then that would be the date you enter on your Schedule C, with an...
