| What should I do for tax after I established LLC?

What should I do for tax after I established LLC?

seiryusho asked:


I established LLC for video production. Mainly I made this company for making a documentary. I have no income, but I wrote a couple of checks less than $600 to researchers and illustrators. I have no idea what to do for tax. Could someone teach me step by step?

Related posts:

  1. What subject/issue would you like to see addressed in our next documentary on going green? Arnold Creek Productions asked: Arnold Creek Productions produces educational videos...
  2. i want unique topic for my documentay plzz send my some topic for documentary i live in pakistan? sams_illusion asked: i m doing becholar in video production i...
  3. Who can tell me about the Journey that the author J.R.R. Tolkien used to take on a train? morgannadine1988 asked: At the moment i’m doing a one minute...
  4. In Video Production talk, what does “handles” mean? Diego G asked: I’m shooting a little documentary type video,...
  5. Need a powerful slogan for a corporate film making video production house? dr j asked: need a nice slogan for a video...

Filed Under United States |

Tagged With , ,

Comments

2 Responses to “What should I do for tax after I established LLC?”

  1. eviltwinsteve on May 19th, 2009 2:30 pm

    Generally, LLCs are past-through entities. This means that all income and expenses are reported on your own income tax returns. It appears that you generated no income, so there would be no taxes on that. However, many states have a minimum tax requirement (e.g. $800 in CA) for the LLC. You need to consult a tax advisor for your situation.

  2. v b on May 21st, 2009 4:33 pm

    An LLC is a “disregarded entity” so what *are* you?

    Are you a sole proprietor, a partnership, a C-corporation or an S-corp?