Hey guys if you are incorporated or in a partnership just a reminder tomorrow is the deadline.

Tax season is in full swing. GL wish everyone big refunds.


If you have an questions you can contact Ron.

 

I'm thinking about incorporating.

 

when you do give me a call. the dead line is March 15th for S corps. and if your an LLC they only go back 75 days so if you want the best tax treatment you need to file fast.

 

Im sure you can handle the filing if not I can file it for you. for a small fee.

 

Partnerships are due 4/15, which is completely retarded since of course that's when your personal return is due. I luv tax season.

 

Charge him extra so you can get some wheels.

 

am i that out of it, its all my LLCs electing to be treated as an S corp is probably what i was thinking of. But still no excuse.

 

not many extensions this year I dont know if that is bad or good. We got a lot out and am i freaking beat. Im ready for Zdayz to get here already.

 

I'm friggin exhausted already and it's still a month to go. I can't wait for Saturday so I can get tax crap out of my mind. You should come on out Shermie.

 

you two tax nerds can take this thread as your own now. Let the boring tax talk begin.

 

Are there tax advantages by becoming a "P.A." or is it mainly to shelter yourself from liabilities?

 

P.A. is not a seprate taxing entity. Your either Sole prop, C corop, S corp, Partnership, LLC.

P.A.s from my understanding are usually personaly service corporations which isn't the best tax treatment.

 

You know it.....Im there at FMF. I need some sort of break before i lose my mind.

 

The only PA's I am familiar with are law firms. But some law firms are LLC's.

 

yeah i would say a majority are LLCs now a days. On all my LLCs i file fore Scorp treatment just to get them a better tax treatment. Unless they have some sort of special agreement where they dont split the profits pro rata.

It use to be S corps that were hot now LLCs about 5 years ago became real popular.