The accounting firm Marcum & Kleigman LLP has an interesting article about avoiding problems with sales tax filings for business. Sales tax is a major revenue source for states, especially New York, so never mess with them on this point. I personally knew one of the agents from this section; while a nice guy personally […]

If a husband and wife are both members of an LLC and file their (US) tax return jointly, are they considered one taxpayer or two? If they are one taxpayer, it would mean that the LLC is a single-member LLC, and therefore a disregarded entity who need only add the LLC’s profits and losses on […]