Question on calendar year tax treatment.

5 minutes response needed to address a concern of whether I will or won't have to pay tax.


LLC has calendar year cash method of taxes for IRS

If the LLC signs a partnership R&D agreement Dec 1st and

a) gets 10k cash signing bonus

b) gets 60k cash R&D expense payment for the next 12 months of expenses (5k paid monthly by us to 3rd parties companies and 1099)

c) gets 60k cash for internal overhead (5k spent monthly on salaries/rent)

(a) should be the only income? (may try and push this payment to jan 1st)

will (b) and (c) get taxable income treatment from the IRS given the LLC will have 110k (120-5-5) cash for 2018 expenses on Dec 31st?

ideally I should pay approx 3-4k in taxes for 2017? are there are any way I would have to pay tax on b & c? Any other concerns?


Beceriler: Vergi

Daha fazlasını gör: 5 minutes 3d animatad, Create 3-5 minutes of awesome, i want to make animation video 5 minutes, 5 minutes, jquery full calendar year view, django code to create a website in 5 minutes, design a beautiful and unique logo in 5 minutes, 5 minutes works freelancer, web design in 5 minutes, hire translator for 5 minutes, end year tax return, islamic calendar year 2013, 2013 islamic calendar year, telemarketing working home paid hourly promoting companies, paid daily working companies, js calendar year, flex calendar year display, paid article writing companies pakistan, outlook calendar jump prior year, outlook calendar jump previous year, joomla paid calendar, jump year outlook calendar, paid refer leads companies lead generation

İşveren Hakkında:
( 84 değerlendirme ) seattle, United States

Proje NO: #15692275

3 freelancers are bidding on average $26 for this job


Professional tax and accounting consultant here to assist your needs. Relevant Skills and Experience I am a CPA candidate and an accounting degree holder. Proposed Milestones $29 USD - Milestone If you consider the Daha Fazla

1 gün içinde %bids___i_sum_sub_32%%project_currencyDetails_sign_sub_33% USD
(22 Değerlendirme)

Hi I will help you on this right now. I am an international tax expert

in %bids___i_period_sub_35% gün içinde25%project_currencyDetails_sign_sub_37% %project_currencyDetails_code_sub_38%
(2 Değerlendirme)

Hello, a taxation expert here. I have what it takes to handle your project Relevant Skills and Experience Taxation Proposed Milestones $25 USD - Agreeable

1 gün içinde %bids___i_sum_sub_32%%project_currencyDetails_sign_sub_33% USD
(0 Değerlendirme)