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  • August 2015
  • August 31, 2015

    I set up an LLC. Now what do I do?

    My first response  to the client is,  what type of entity structure did you form?  They sometimes look at me with a puzzled look and then I respond with, was the LLC set up as a single member (sole-proprietorship), corporation (shareholders/officers) or a partnership (2 or more individuals). From their answer I can then further advise […]

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  • August 5, 2015

    Corporation and Partnership Returns Due Date on Extension

    If you established a LLC that is taxed as a corporation or partnership and filed an extension for 2014 the due date for  those returns is September 15th. Several business owners especially those in their  first year of filing are unaware of the due date. Most business owners have a difficult time properly compiling their records because […]

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