Anna and melanie organize their new entity as an llc on may

Reference no: EM13594072

Anna and Melanie organize their new entity as an LLC on May 16th of the year 1. What is the default tax classification for this entity? Are there any alternative classification(s) available? If so, how do Anna and Melanie elect one of these alternate classification(s) and what are the tax consequences of doing so?

Reference no: EM13594072

Questions Cloud

What is the value of kf for acetic acid given that its : what is the value of kf for acetic acid given that its freezing temperature is 16.6 c and its density is 1.049 gml?

If the work function for a metal is 18 ev what would be the : question if the work function for a metal is 1.8 ev what would be the stopping potential for light having a wavelength

What are a the energy b the momentum and c the wavelength : question what are a the energy b the momentum and c the wavelength of the photon that is emitted when a hydrogen atom

The complete combustion of octane c8h18 the main component : the complete combustion of octane c8h18 the main component of gasoline proceeds as follows2 c8h18l 25 o2g-----gt16

Anna and melanie organize their new entity as an llc on may : anna and melanie organize their new entity as an llc on may 16th of the year 1. what is the default tax classification

Purchased raw materials on account for 140000 both direct : pro inc. had the following activities during its most recent period of operationsa purchased raw materials on account

Gven the capacitors c1 2muf c2 15 muf and c3 3muf what : given the capacitors c1 2muf c2 1.5 muf and c3 3muf what arrangement of parallel and series connections with a 12-v

A company purchased factory equipment for 100000 it is : a company purchased factory equipment for 100000. it is estimated that the equipment will have a 10000 salvage value at

One mole of an ideal diatomic gas is heated from a : one mole of an ideal diatomic gas is heated from a temperature of 22 degrees c to a temperature of 95 degrees c at

Reviews

Write a Review

Required(*) Message

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?

Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

Accounting problems

Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

Write a report on internal controls

Write a report on Internal Controls

Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

Liquidity and profitability

Distinguish between liquidity and profitability.

What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

Capm and venture capital

CAPM and Venture Capital

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages