Get free answers to your Tax Law legal questions from lawyers in your area.
We operate an LLC partnership registered in Wyoming with two members, both of whom are non-residents and non-citizens of the U.S. Our business has a virtual office in Wyoming, and we run an informational website. We generate revenue by selling advertising space on the site, targeting a European... View More 
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Sep 30, 2024
Inheriting an IRA from a friend who was on Medicaid can bring up concerns, but you’re not automatically required to give the money back to Medicaid. Medicaid may attempt to recover some benefits paid to your friend, but this usually happens after the recipient's death and generally targets... View More
Hello everyone, I'm looking into opening a business in Wyoming from abroad with no US residence. and I'm curious about the necessary paperwork and steps required to do so. Could anyone provide guidance on the specific documents and procedures needed to establish a business entity in... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on May 1, 2024
Starting a business in Wyoming from abroad is a structured process, and it's great that you're doing your research. First, you will need to decide on the type of business entity you want to establish, such as a corporation, LLC, or partnership. Each entity type has its specific filing... View More
tax. Am I required by law to file it out and return it? I've reported many times in the past that it is not used for business.
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Apr 26, 2024
Based on the information you provided, it seems you have received Form ATD23-A from the Laramie County Assessor's Office in Wyoming regarding personal property tax on your airplane. While I understand you have reported in the past that your airplane is not used for business purposes, it's... View More
We have a Wyoming LLC with independent contractors, no employees. Form SS-4 for EIN says to file Form 941 and Form 940 by January 31. We like to know if this is required if we have independent contractors only. We don’t have tax payments.
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Jan 26, 2024
No, if your Wyoming LLC only has independent contractors and no actual employees, then you would not have to file IRS Form 941 (Employer's Quarterly Federal Tax Return) or Form 940 (Employer’s Annual Federal Unemployment Tax Return).
The key factors here are:
- Independent... View More
They sold their business to J. J pays them monthly. J misappropriated covid relief funds and the IRS is going after him for $1,000,000. They are now going after my parents too and have take over $122,000 from them on 2 separate occasions. How can we get their money protected and the IRS to leave... View More
answered on Aug 7, 2023
Your parents need to consult with a tax attorney. It is impossible to give you advice in this format Most of us offer a free consultation. Just tell your parents to stay away from the places they see advertised on TV.
I currently reside in California and am planning on establishing my consulting agency. It will just be me and planning to hire independent contractors.
answered on Dec 29, 2019
You should setup an LLC in the state where you operate. Then determine if an S-election is appropriate for your LLC.
If you establish in WY you'll have to file a foreign registration in CA.
Hire a professional.
I am from the UK and looking to setup a US business. I've decided that taxation as a C-Corp is best as I am looking to build capital and retain profits in the company so a pass-through entity is not ideal. I understand that as a C-Corp, things are more formal and decisions require minuted... View More
answered on Aug 19, 2019
For tax there is no difference. For state business compliance issues a Corporation has slightly more things that have to be done to maintain the corporate veil. Annual meetings are required where an LLC can waive them you have to set a par value for shares and report the number of shares issued... View More
Dear Sir or Madam,
I have a few questions about my Wyoming LLC which I just registered. I originally registered the LLC especially in Wyoming because of the tax & privacy regulations.
- How am I taxed in the US?
- What type of entity should I choose to file my EIN... View More
answered on Jul 10, 2016
There are questions and answers similar to the mentioned situation on our website at http://aba-us.com/other-services/?lang=en. You can take a look for general information. Also you consult with an experienced immigration attorney for your best interest. Good luck.
If it meets the burdens of 1) Required by the employer 2) not suitable for general everday wear such as that worn in healthcare?
answered on Nov 19, 2013
Uniform allowance included in W-2 could be deducted only as an itemized deduction subject to 2% threshold. It would be best if the employer just buys the uniform for staff and doesn't include it in W-2, because by itemizing, staff loses some of the money, or some do not even itemize. good luck.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.
