Sometimes a limited liability company, or LLC, has a year with no business activity. For example, a newly formed LLC might not have started doing business yet, or an older LLC might have become ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the previous year. Sometimes a limited liability company, or LLC, has a year with no ...

Karla Dennis, EA, MST, is CFO/CEO of the award-winning tax accounting firm KDA Inc.—specializing in tax planning. Whether you are a wage earner, an independent contractor or a business owner, you need ...

It happens more often than you might think. Life gets busy, finances get complicated and suddenly, a year (or more) goes by without filing your tax return. Whatever the reason, though having unfiled ...

How soon can you expect the IRS to accept your 2024 federal income returns? Well, early filers, we now know the official date. The Internal Revenue Service gave the kickoff date for the 2025 tax ...