As the owner of an LLC, how are my taxes calculated?

As the owner of an LLC, how are my taxes calculated?
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Questions like this are why I have a tax man. My brain is hardwired to shut down on this stuff.
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taxes for LLC FORM 1065 requires a balance sheet. With rental real estate (some properties fully depreciated)as primary business, should the balance sheet carry the properties as book value or current market Are there limitations created by carrying low?

Description : taxes for LLC FORM 1065 requires a balance sheet. With rental real estate (some properties fully depreciated)as primary business, should the balance sheet carry the properties as book value or current market Are there limitations created by carrying low?

Last Answer : A balance sheet carries property at book value. Accounting rules do not let you mark up / mark down property as prices change. The exception to this is for real estate professionals who buy/sell ... fully depreciatied. Rest of question was cut off -- limitations created by carrying low ?????

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Last Answer : Tax benefits, always a welcome subject, are similar whether you have an LLC (limited liability company) or have elected S corp treatment for your corporation.

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How much money did the owner lose?

Description : How much money did the owner lose?

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Hypothetically, if you purchased something from a yard sale and discovered it was worth millions of dollars, would you split the money with the original owner?

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Confused: Why would I owe taxes?

Description : Confused: Why would I owe taxes?

Last Answer : answer:In my head, glancing at the EZ form and the tax table it looks like you owe $963. I could easily wrong. Hopefully someone who has a pen and paper can do a better calculation for you. I didn't ... it's that simple then it looks like you owe $388. Not sure? What number did you come up with?

What is the best place to do taxes online?

Description : What is the best place to do taxes online?

Last Answer : Turbotax works pretty well. Good luck!

Should I file my taxes online or see a tax consultant?

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Does anyone know about how long direct deposit takes after you use e file for your taxes and your form is accepted?

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Description : How do I file taxes this year?

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What do you think I'll have to pay in taxes next year...

Description : What do you think I'll have to pay in taxes next year...

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Description : What if I don't file my state taxes and the state would owe me money?

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Last Answer : They fear the unknown. Rite of passage into adulthood. That kind of thing.

when are taxes due this year?

Description : when are taxes due this year?

Last Answer : This IRS website says that they are due the 17th http://www.irs.gov/newsroom/article/0,,id=169369,00.html

How did Americans pay taxes before 1922?

Description : How did Americans pay taxes before 1922?

Last Answer : answer:it was originally handled by IT officers that were part of sanctioned local government. It was not heavily enforced and, even in large towns, there were only a handful of IT officers on staff. Often times IT would be handled by “Land Revenue Officers” Highest Regards, Daniel Riser

How is it possible that I owe so much money in taxes?

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Last Answer : What kind of question is that? What kind of answer are you looking for?

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Description : What will i need to bring to have my taxes done?

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Description : Let's say you win $10,000. How much will they take out for taxes?

Last Answer : answer:Here’s an article from Bankrate.com that explains it pretty well: http://www.bankrate.com/brm/news/advice/20020520b.asp Florida doesn’t have a state income tax, so that helps. I would consult an actual financial advisor though, it definitely varies by state and amount won.

What are some ways for a small business owner to keep good track of taxes?

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Description : Do I need a DBA or LLC?

Last Answer : Get a hold of local SCORE office, they are retired business leaders, that help new and growing small businesses. Also get a lawyer.

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Last Answer : LLC stands for Limited Liability Company, right?

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Last Answer : Seems like a bit of overkill. You can simply have a sole proprietorship.

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Description : How do I transfer my LLC that was incorporated in Oklahoma to Arizona?

Last Answer : Move to Canada

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Description : Where should I form my LLC? NY, CA, or Delaware?

Last Answer : I’ve heard Nevada is a very good place to form an LLC. They have a very good tax structure. You don’t need to be there physically either.

Anyone recommend an LLC laywer?

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Slam zain ul rafi !Tahir here... want to discuss about LLC in US. I have approached to you many times but in vain. 03236800342 my whatsapp number. Please leave message for me for further discussion.Thanks?

Description : Slam zain ul rafi !Tahir here... want to discuss about LLC in US. I have approached to you many times but in vain. 03236800342 my whatsapp number. Please leave message for me for further discussion.Thanks?

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Last Answer : Contact a business attorney. They cna help you pick up an LLC in Florida.

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How do I start an LLC company?

Description : How do I start an LLC company?

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What do I need to know to start a LLC?

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Looking for the Dog River,TJH Investments, LLC POB 1927 Mobile, Al 36633 Does this company exist No phone or address listed?

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Description : What is a llc operating agreement?

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Searching the Internet for LLC Tax Software?

Description : Searching the Internet for LLC Tax Software?

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LLC Liability Insurance?

Description : LLC Liability Insurance?

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How to Form an LLC ?

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by name burj al arab transport llc?

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