If you operate your business using a limited liability company (LLC), then you have more flexibility in how the IRS taxes your business earnings. If you’re the single member of a limited ...
However, even if an inactive LLC has no income or expenses for a year, it might still be required to file a federal income tax return, LegalZoom reports. Do I Need to File a Tax Return for an LLC ...
In most cases, when you sell a house, you owe long-term capital gains tax on the profit that you make from the sale (minus any exclusions you qualify for) if you have owned it for more than a year. If ...