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Federal and State Income taxes I do tax returns for partnerships and C corporations I am well versed with State Franchise taxes for CA, CT, FL,NY,TN,TX.
Eight years as tax manger for a real estate company
Florida CPA
the opportunity to save money legally by being creative
keep up dated with the constant changes in this field`
Tenneesee' Franchise tax paid by corporations and most unincorporated entities is based on the book value ot the assts of the entity; no deduction is allowed debts including mortgages, in effect taxing companies that own real estate at a much greter rate than most other states.
| User | Date | K | C | T | P | Comments |
|---|---|---|---|---|---|---|
| Steve | 11/16/09 | 10 | 10 | 10 | 10 | Ivan Roth's response was timely, concise, and ..... |
| jane | 11/16/09 | 10 | 10 | 10 | 10 | |
| Denver | 11/04/09 | 10 | 10 | 10 | 10 | Ivan, This has been an issue of ..... |
| Steven | 10/20/09 | 10 | 10 | 10 | 10 | |
| Cathy | 10/17/09 | 10 | 3 | 10 | 10 |
Hi Steve the rule is that any travel over 50 miles is not considered commuting if the travel is under 50 miles the first and last trip are comuting also any over night stay on your trips would be
Hi Anita sorry for the delay in answering if this location is less than 50 miles from your home it would not qualify as a temporary residence Also be sure the lease is for a short period of time
Hi Denver as long as you do not spend more than 182 days in CA you will be taxed as a CA non-resident only on CA earnings however if you are trapped by the warm weather and spend more than 182 days
Hi Steven if the partner contributes capital then the partnership agreement would have to be followed relating to partner's draws also watch out for the IRS rules regarding implied interest, ie, if the
Hi Alice sorry for the delayed answer. Yes you need to have a proofit then you must file quarterly estimated taxes and add 15% for the self employment tax do not forget to ask your subs for a W9 so
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