Nancy McClelland, LLC

DECEMBER 26, 2023

So, keep in mind that a company can be an LLC but be taxed as a corporation. Here’s an example of a W-9 showing an LLC that is taxed as an S-Corp: This is one of many reasons you should collect Form W-9 from all service vendors before giving them their first check, just to be safe.

bookkeeping 52

bookkeeping tax return Non-Profits Tax 52

Nancy McClelland, LLC

DECEMBER 26, 2023

So, keep in mind that a company can be an LLC but be taxed as a corporation. Here’s an example of a W-9 showing an LLC that is taxed as an S-Corp: This is one of many reasons you should collect Form W-9 from all service vendors before giving them their first check, just to be safe.

bookkeeping 52

bookkeeping tax return Non-Profits Tax 52

xendoo

MARCH 16, 2022

Here’s why: It will make it easier to file taxes for your business (since they are separate from your personal accounts). Your accountants and bookkeepers can monitor the account more freely. It is recommended that you set aside and save at least 30% of your total income for taxes. Previous tax returns .

accrual accounting 52

accrual accounting Account accountant accounted 52