Recent content by MsChristina
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Foreign LLC's Owned By CA Resident
Yep, I think u have it right unfortunately...California goes so far as to say that if you use an accountant who happens to be in California to do your taxes for a foreign LLC that conducts business in another state, they consider you to be doing business in California and put you on the hook for...- MsChristina
- Post #4
- Forum: Legal, Tax, Regulation
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LLC to C-corp
An LLC MAY be able to be converted a corporation depending on the state where the LLC is formed (some states allow for a statutory method of converting an LLC to a corporation, others do not). Another alternative is to make a special election with the IRS to have an LLC be taxed as if it were...- MsChristina
- Post #4
- Forum: Legal, Tax, Regulation
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