How are my LLC's taxes broken down by percentage?

How are my LLC's taxes broken down by percentage?
by

1 Answer

Answer :

Buy the home and business Turbo tax and answer the question yourself. You’ll save a pile of money and learn more about your business than any class. It is worth it.
by

Related questions

Is there any internet database or website where you can search for LLCs and Inc. to see who is behind a corporation and what state?

Description : Is there any internet database or website where you can search for LLCs and Inc. to see who is behind a corporation and what state?

Last Answer : Try the SEC website for publicly listed companies.

Do you have to pay sales taxes on intangible things sold on the internet?

Description : Do you have to pay sales taxes on intangible things sold on the internet?

Last Answer : It is a service they pay for, so taxes apply in any case, and yes, it is always your responsibility.

Do you pay estimated taxes as a freelancer?

Description : Do you pay estimated taxes as a freelancer?

Last Answer : What do you do?

Do I need to be worried about taxes/business license on my side projects?

Description : Do I need to be worried about taxes/business license on my side projects?

Last Answer : answer:If you earn more than $600 from any one contract job, that company will be required by the IRS to issue you a 1099 and to report the income to the IRS. You will owe taxes on it. ... tax advisor may suggest another option such as an S corp.) You probably should have a local business license.

Do you think more people are filing their own taxes this year?

Description : Do you think more people are filing their own taxes this year?

Last Answer : My taxes are kind’a complicated, so I use a tax service. Plus, just in case I am audited, I want someone with a suit and tie by my side who can answer the questions.

How do taxes work when you use an online temp/assistant service?

Description : How do taxes work when you use an online temp/assistant service?

Last Answer : Yes, you can handle that as a business expense. You put it in Schedule C, which you file for your business to determine profit or Loss.

Do you pay state income taxes or do they refund you like federal income taxes do?

Description : Do you pay state income taxes or do they refund you like federal income taxes do?

Last Answer : The last 4 years, I have had to pay the Feds, and got less money back from the State.

Can I claim my home office on my taxes?

Description : Can I claim my home office on my taxes?

Last Answer : I am not an accountant, however: Your business expenses as an independent contractor are generally deductible on a 1040 Schedule C-and the instructions for that specifically call out how to calculate ... lot less calculating. When I was an independent contractor, I generally was filing that one.

Has anyone had to file taxes as a small business or partnership before?

Description : Has anyone had to file taxes as a small business or partnership before?

Last Answer : I’ve been doing taxes for over 30 years, lots of partnerships, corps, etc. For a first timer, I would recomend taxcut

Is there any way to estimate payroll taxes for a business?

Description : Is there any way to estimate payroll taxes for a business?

Last Answer : Of course it can be calculated. It is the employees withholding + employer contribution + FICA + SS + unemployment. Knowing your rates, it can be calculated to the penny. It will usually be between 0% and 30% of total wages, depending on where the business is located & W-4 statements.

How would you feel if Wal-Mart was broken up?

Description : How would you feel if Wal-Mart was broken up?

Last Answer : Breaking up is always hard. What would be the point? Even local outsourcing wouldn’t bring back the mom-and-pop businesses that Wal-Mart drove out.

What would be a reasonable percentage to ask for?

Description : What would be a reasonable percentage to ask for?

Last Answer : answer:A percentage is a difficult thing to arrive at for several reasons. The owner's overhead, including but not limited to, other product, location, insurance, advertising, employee expenses, equipment. You are ... this. And, I wouldn't post your recipes just not a good business move. Good luck.

What percentage of a company's overhead is electricity costs?

Description : What percentage of a company's overhead is electricity costs?

Last Answer : What, please, is a typical business? In aluminum smelting (which I grant is not at all typical ) then the bulk of the cost of the operation (probably even exceeding labor and ore cost) is for the ... quite a bit lower. For a library, perhaps lower still. What kind of business do you have in mind?

NDP is ____. A. Net Domestic Product. B. Net Domestic Percentage. C. Net Domestic Personnel. D. Net Domestic Public.

Description : NDP is ____. A. Net Domestic Product. B. Net Domestic Percentage. C. Net Domestic Personnel. D. Net Domestic Public.

Last Answer : A. Net Domestic Product.

GDP is ____. A. Gross Domestic Product. B. Gross Domestic Percentage. C. Gross Domestic Personnel. D. Gross Domestic Public.

Description : GDP is ____. A. Gross Domestic Product. B. Gross Domestic Percentage. C. Gross Domestic Personnel. D. Gross Domestic Public.

Last Answer : A. Gross Domestic Product.

After a business closes down, is it required to keep records?

Description : After a business closes down, is it required to keep records?

Last Answer : I've been wondering that myself. I worked at Borders on and off for 10 years. Now that they are out of business, I often wonder what I'd have to do when writing a resume. What address and phone ... for contact? How long will they keep the records of my being there? I'll be watching this question.

How do you handle adults breaking down in tears in business situations?

Description : How do you handle adults breaking down in tears in business situations?

Last Answer : answer:When I used to sob in front of my psychiatrist, he handed me a box of kleenex and simply sat there. He remained attentive and impassive, until I stopped. Of course, I was paying him to pay attention. Detached empathy, I guess. I don’t envy you.

Where does "down" come from?

Description : Where does "down" come from?

Last Answer : answer:The answer seems to be: it depends. Down can be collected in a variety of ways. Birds which provide the feathers may be used for other purposes, for example to provide meat. Some birds are ... always assumed down came from geese, but apparently, down from other types of birds is used as well.

Under which philosophy of marketing, efforts are made to bring down the cost of production to the minimum? a. Production Concept b. Product Concept c. Marketing concept d. Selling Concept

Description : Under which philosophy of marketing, efforts are made to bring down the cost of production to the minimum? a. Production Concept b. Product Concept c. Marketing concept d. Selling Concept

Last Answer : a. Production Concept

Due to fraudulent reporting the share price of a company’s stock may- (a) Boost up (b) fall down (c) remain stagnant (d) none of these

Description : Due to fraudulent reporting the share price of a company’s stock may- (a) Boost up (b) fall down (c) remain stagnant (d) none of these

Last Answer : A. BOOST UP

Does it bother you that the tax laws are set up so that the very rich (i.e. Mitt Romney) pay a smaller percentage of taxes than you probably do?

Description : Does it bother you that the tax laws are set up so that the very rich (i.e. Mitt Romney) pay a smaller percentage of taxes than you probably do?

Last Answer : Sure: I think it bothers most of the 99%.

What is the percentage of pay for workmens Compensation. Is this amount based on pay before or after taxes?

Description : What is the percentage of pay for workmens Compensation. Is this amount based on pay before or after taxes?

Last Answer : About 80% before taxes.

Is a broken drink losing a percentage of alcohol?

Description : If it is stored in a refrigerator, for example, does it lose champagne?

Last Answer : Not from the alcohol content, only from the maximum carbonation!

Death and taxes; taxes and death----- They're sure to be with us, until our last breath. So, try to save money-----How much can you save? They'll nickel us and dime us-----Right down to the grave. And now that you've heard my negative chant, tell me the man's name you hear in my rant. -Riddles

Description : Death and taxes; taxes and death----- They're sure to be with us, until our last breath. So, try to save money-----How much can you save? They'll nickel us and dime us-----Right down to the grave. And now that you've heard my negative chant, tell me the man's name you hear in my rant. -Riddles

Last Answer : The man's name is Nicholas (nickel us).

Who were the officials that collected taxes served as judges and put down rebellions within their territories?

Description : Who were the officials that collected taxes served as judges and put down rebellions within their territories?

Last Answer : What is the answer ?

Which of the Constitution provisions lays down that taxes can neither be carried nor collected without the authority of law? (1) Article 265 (2) Article 266 (3) Article 300 (4) Article 368

Description : Which of the Constitution provisions lays down that taxes can neither be carried nor collected without the authority of law? (1) Article 265 (2) Article 266 (3) Article 300 (4) Article 368

Last Answer : (1) Article 265 Explanation: Article 265 of the constitutional provisions lays down that taxes can neither be levied nor collected without the authority of law. Taxes are not to be imposed by ... of law. Suits and proceedings of property, assets, rights, liabilities mentioned in article 300.

Why is there always at least one broken down self-checkout lane at the grocery store?

Description : Why is there always at least one broken down self-checkout lane at the grocery store?

Last Answer : No, it’s not just you – it’s a conspiracy to drive us crazy.

What do I do with a tv that has broken down after only 2 years? (more details enclosed)

Description : What do I do with a tv that has broken down after only 2 years? (more details enclosed)

Last Answer : I would drive it over there myself and save the postage one way.

What does a white cloth/shirt out of the window of a car that is (presumably) broken down mean?

Description : What does a white cloth/shirt out of the window of a car that is (presumably) broken down mean?

Last Answer : I have never seen this before, good question

What happened to the broken-down frog? -Riddles

Description : What happened to the broken-down frog? -Riddles

Last Answer : It got toad (towed) away.

I move at a high speed or so you'd think by my name. I have a large jaw with many teeth that I open and close with a buzz. Like a train on a broken track, I run up and down your spine. What am I? -Riddles

Description : I move at a high speed or so you'd think by my name. I have a large jaw with many teeth that I open and close with a buzz. Like a train on a broken track, I run up and down your spine. What am I? -Riddles

Last Answer : A Zipper.

true or false: alcohol has to be broken down by the digestive system. -General Knowledge

Description : true or false: alcohol has to be broken down by the digestive system. -General Knowledge

Last Answer : The given statement is false.

osha standards appear in the ___________ and are then broken down into ____________. -General Knowledge

Description : osha standards appear in the ___________ and are then broken down into ____________. -General Knowledge

Last Answer : OSHA standards appear in the Code of Federal Regulations (CFR). and are then broken down into Parts.

When all the peptide bonds of a protein have been broken down . The result would be

Description : When all the peptide bonds of a protein have been broken down . The result would be

Last Answer : When all the peptide bonds of a protein have been broken down . The result would be A. Amide B. Oligosaccharide C. Polypeptide D. Amino acid

Proteins are broken down into amino acids in -

Description : Proteins are broken down into amino acids in -

Last Answer : Proteins are broken down into amino acids in - A. Buccal cavity B. Stomach C. Intestine D. Rectum

ATP acts as the energy currency of the cell because it is broken down whenever (and wherever) energy needs to be utilised.

Description : ATP acts as the energy currency of the cell because it is broken down whenever (and wherever) energy needs to be utilised.

Last Answer : ATP acts as the energy currency of the cell because it is broken down whenever (and wherever) energy needs to be utilised.

ATP acts as the energy currency of the cell because it is broken down whenever (and wherever) energy needs to be utilised.

Description : ATP acts as the energy currency of the cell because it is broken down whenever (and wherever) energy needs to be utilised.

Last Answer : ATP acts as the energy currency of the cell because it is broken down whenever (and wherever) energy needs to be utilised.

Why do small droplets of fat get broken down by enzymes more quickly than large droplets?

Description : Why do small droplets of fat get broken down by enzymes more quickly than large droplets?

Last Answer : The smaller droplets of fats get broken down more quickly due tothem having a larger surface area.I'll give you an example. Lets say for some reason you have 1kilo gram of an evaporating substance ... one with the small balls would evaporate or inyour case broken down so to the larger surface area.

Where are excess amino acids broken down?

Description : Where are excess amino acids broken down?

Last Answer : They can be broken down to many things, but the most commonwould be carbon dioxide (CO2), water (H2O) and ammonia (NH3).

When light is broken down what color is located between green and indigo?

Description : When light is broken down what color is located between green and indigo?

Last Answer : Feel Free to Answer

Is a type of weathering where rock is broken down as it absorbs?

Description : Is a type of weathering where rock is broken down as it absorbs?

Last Answer : Feel Free to Answer

What are vitamins broken down into?

Description : What are vitamins broken down into?

Last Answer : What is the answer ?

When organisms in the ecosphere diethey are broken down by bacteria.Nutrientssuch as nitratesare released back into the ecosphere.Why is this necessary for the survival of the other organisms in t?

Description : When organisms in the ecosphere diethey are broken down by bacteria.Nutrientssuch as nitratesare released back into the ecosphere.Why is this necessary for the survival of the other organisms in t?

Last Answer : What is the answer ?

Are rocks at Earth's surface are broken down into smaller pieces a part of the rock cycle?

Description : Are rocks at Earth's surface are broken down into smaller pieces a part of the rock cycle?

Last Answer : this is a question

Can cobalt be chemically broken down?

Description : Can cobalt be chemically broken down?

Last Answer : Need answer

What is the name of the substance food becomes after it is broken down in the stomach?

Description : What is the name of the substance food becomes after it is broken down in the stomach?

Last Answer : Need answer

What if during cellular respiration food (glucose) molecules are broken down into energy in the form of what?

Description : What if during cellular respiration food (glucose) molecules are broken down into energy in the form of what?

Last Answer : Phosphate bonds (ATP).

How can I get rid of my broken down car ?

Description : How can I get rid of my broken down car ?

Last Answer : Many places offer cash for clunkers. I would also look into donating it to a charity or a salvage yard.

The amino acids abstracted from the liver are not utilized for repair or special synthesis but are broken down to (A) Keto acids (B) Sulphur dioxide (C) Water (D) Ammonia

Description : The amino acids abstracted from the liver are not utilized for repair or special synthesis but are broken down to (A) Keto acids (B) Sulphur dioxide (C) Water (D) Ammonia

Last Answer : Answer : D

More than half of the protein of the liver and intestinal mucosa are broken down and resynthesised in (A) 10 days (B) 12 days (C) 15 days (D) 18 days

Description : More than half of the protein of the liver and intestinal mucosa are broken down and resynthesised in (A) 10 days (B) 12 days (C) 15 days (D) 18 days

Last Answer : Answer : A