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FAQ

What's the difference between an S-Corp and a Disregarded Entity?
What's the difference between an S-Corp and a Disregarded Entity? I am Indian citizen living in India, I have a company in USA. I will pay taxes in USA. Do I need to pay taxes in India if I bring money to India? What role can the country's taxpayers play in making India self-reliant? What is everything I need to do in order to take care of both federal and state taxes for an LLC that's electing to be taxed as a partnership? Why do so many people doubt if Alexandria Ocasio-Cortez is qualified to be a Representative when she has an economics degree, but few people questioned if a comedian like Al Franken was qualified to be a Senator? How do I report my Uber income with only a tax summary and no 1099-K or 1099-Misc? I received a K1 from a MLP I held briefly. All entries are zero. Do I need to file it with my return? How can I have a passive income of $5,000/month: 1. entirely online (no goods, no store, no company, no staff, only me and my laptop);  2. with no need to invest in any tech; and 3. that takes a very short time to kick off? What earned income do I not need to report?
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