CA taxes - if I had an entity go from a LLC to LP in June 2021 do I need to file form 568 through June and then 565 for rest of year OR can I just do 565 for whole year

like
Posting as :
works at
You are currently posting as works at

568 through June and then 565 for the rest of the year.

like

But do we only pay the gross receipts tax through the period the entity is an LLC?

Didn’t you pay in the $800 fee already?

Yes but both LLCs and LPs have to pay the fee

Related Posts

Do most Accenture MDs max out the 30% contribution to the VEIP? How do you deal with cash flow in the first two years before it vests, given it takes a bite out of your post tax earnings?

like

Any independence issues for EY employee to use Betterment High-yield savings account?

Folks mentioning their income here is before tax or after tax ?
Asking to find the ratio of the income and the money to invest/save.

like

How do I retire by next week? Need suggestions. Thank you. ✊ We in this together.

like

Anyone here used their Amex platinum on apps like remitly? I know the exchange rate is slightly lower if we pay by CC/DC but I guess if we make MR points should make up for it?

like

Fishes JPMorgan Chase

I don't own any credit card but amex team asking me to book hotels and flights.

What should I do?

Please help

like

I locked my first house-residential 30-yr @3.275, closing Mid-May. Not sure what to do. NY is in lockdown, can’t even move if decide to proceed, will the rates go up, will house prices drop?

like

Base: 5 lakh
HRA: 2 lakh
Max how much I can exempt with HRA while filing ITR?
I live in my own house. I can pay to my parents in the name of rent.
What are the documents I need to produce?

I should have bought a Lamborghini a few months ago instead of investing in the market 🤦

like

Where to park emergency funds? Currently using BMO savings account with practically no interest. I also heard wealthsimple cash has better rates?

Anyone willing to share what assets they're investing in with the extra money from being overemployed?

like

I made a mistake starting SIP in a ULIP. Used to invest 7500 per month starting from November 2018. I have discontinued my premium payments since last year. That is when my fund was moved to an interim surrender state and now it earns 4% per annum interest.

After 5 years of lock-in that is November 2023, can i withdraw the entire amount at a time? (Of course after paying surrender charges)

like

We probably want to sell our house in the next year or two. What are all the things to do before it goes on the market? E.g., repaint interiors, have handyman fix all the random small broken things? Get windows washed? Touch up landscaping? Any guidance on what you really have to do vs what you can skip? As example, if paying $10k to repaint the house means I can charge $10k more then it doesn’t really seem worth the effort (nets out anyway)....

like

If I want to opt for 5 lakh coverage for my parents, how much premium I have to pay? Is yearly or monthly basis?

My India team told me that the savings accounts at the state bank of India gives like 10% return. 😱. Asked a million questions since that’s really hard to believe. Has anyone done this?

like

Where can I download the E Card for Health Insurance. Checked in new prudent plus portal, but couldn't locate the option..

TIA

like

Google Is there an option to avoid the tax witholding when GSUs vest? I would rather pay the taxes myself in cash than shed a quarter of the vested GSUs. Seems like a lot of potential gains lost, no?

like

Hi all, I recently purchased a commercial property at WTC, Noida. As I look to grow my portfolio, I spoke to my consultant to see if I could get better prices. He worked with the sales folks at WTC and said that if multiple buyers come in, he could work out a deal. Wanted to check if anyone is interested? I could potentially get him to set up one-on-ones to help explain the commercial real estate market. Even if this property doesn’t seem interesting, I think an interaction wouldn’t hurt.. contd

like

I am currently serving my notice period at PwC AC. They had given out a retention bonus in march with the clause to return it in full if an employee leaves the firm any time before march 2023. Tax was deducted when the bonus was paid out but as per the HR the tax will not be adjusted when I pay back the entire amount. Has anyone faced a similar kind of issue and is there a way to claim tax rebate in ITR ?

like

Bank of Internet USA vs Ally?

like

More Posts

What’s the best and closest winery to Falls Church? Also any brewery suggestions?

like

Has anyone exited to/ heard of Celonis? A recruiter reached out, and I am intrigued by what they do but have never heard of them. Any insight is appreciated!

like

Imo still the most fun driving game. Before IT took away our admin rights, me and my coworkers would LAN this up in the office. Have any other racing games come close since?

Post Photo
likeuplifting

Hi, I'm an employee at a hotel chain who works remotely. I've been working remotely for over a year now and I love it! The company I work for is very supportive of remote workers, which is great.

But there's one thing that's been bothering me: it's hard to get feedback on my work when I'm not in the office. It would be great if there was some kind of system that let me know how my performance was being evaluated while I'm working on projects from home.

like

Does Alpha hire any H1b visa consultants in US?

Looking to leave Strategy&. MBA/MPH with 8 years of consulting/product management experience, primarily in the provider space. Let me know if you’re aware of any opportunities! Thank you!

like

Anyone know how to get into kpmg as an associate healthcare consultant? Don’t really see any open positions right now.

like

Anyone else see that email from that associate quitting?

like

Bad idea to leave job before background check for new job clears? Ik it will come back clean

like

Any good female pgs in Green Glen layout, bellandur. Looking for single occupancy (under 15k) with a gym in vicinity. TIA

like

Graduates, did your life improve after you left academia?

like

Recently moved to LA (close to west side). Anyone know any volunteer organizations that have been a good avenue to meet people and make friends? I know probably less stuff going on with COVID, but interested in hearing pre-COVID activities too!

like

All CPAs, CIAs, and CISAs... should I put the license/certification letters behind my name? Give me your opinion for LinkedIn, resumes, and email signature. Also, why do higher ups tend not to put it?

like

Lti is Hiring for below position!!
Interested plz DM with job codes and email id to apply

Post Photo
like

What are typical prices for luxury 1br condos in Miami? Looking at $1M with 20% down, seems like there are really great places for that price

like

Hi Guys, I need 11 likes to DM..
🙏 like my post...

like

Which companies are offering 100% IT audit positions?

Hi Folks,
Lately I was a Product Manager with a startup.. 2 months back I lost my job because the company is closed.

Now my past company CTO is asking me to join his current company as Product Analyst again it's a 4 year old company.

From a PM to a PA role will this affect me in my career.

Please help me with this...

Do you listen to music or podcasts while you work? Or do you prefer silence?

like

Additional Posts in Tax Bowl

Does anyone have insight on the senior tax consultant role at Thomson Reuters? The job description involves providing live training/developing training for tax professionals and aside from traveling to instruct the training sessions, is listed as remote. The job description aligns with my experience and I’m trying to get a general idea of salary expectations and experiences of others that have been in this role.

like

Would you take a pay cut to move from PA to industry or IRS?

like

Tax folks in industry, how do you keep your knowledge current? Is there any conference, group, community or events that are specifically designed for industry tax folks? I don’t currently feel I have a lot of support as I’m the only tax person in the company. I would like to know what I need to look for, deadlines for in-company tax compliance, and keep being updated on forever changing tax laws. Help🥺

like

How often do you get asked to do something that feels off.

Today, I was asked to share my personal info for SS4 processing (the rest of the team does not have a US SSN) and impersonate me to process them faster (batches of 20s are coming in).

I told the Senior Manager that this is past my comfort level to share all these personal info and have people impersonate me - his response, your prerogative, but it is standard practice in the industry and big4.

Was my spidey sense wrong?

like

Have a Tax Associate interview tomorrow, and general interview questions I should prepare for ?

Smallish firm that just merged with another smallish firm. We're switching tax software and about 3/4 of my team is anxious about any change after a couple of roller coaster years full of changes already (pre-merger and unrelated to it.)

Anything you recommend to ease the transition? If it makes a difference for your advice, staff is on the older side. They had buy in on the software and plenty of demos and time to check it out and test it etc. But implementing it is making them anxious

like

Question for any of you in the high net worth individuals tax space, do you think CFP is worth the time to get? I passed the CPA 2 months ago and see a few partners in our group have CFP but does it actually give any value. Are there any other distinctions/licenses I should look into?

like

Is anyone else getting blown up with calls/emails/linkedin messages about a market research company looking to understand tax services? They are offering $300. If anyone has responded to them, I'd be interested in knowing if it is legit.

like

International vs. PCS internal and Exit Opportunities. — I’m a S2 in ATL working in PCS and in international/crossborder for private clients. I need some guidance determining whether I would be better off staying in PCS or declaring a specialty in int’l/crossborder work. I don’t see myself in B4 forever, and it seems the int’l work would limit exit opps in the future. However, PCS exit opps aren’t appealing to me either: family office or wealth management. — any help or insight is appreciated.

like

how's everyone doing for 10/15?

Just got into a full time grad program for international affairs that starts in January of 2021. (completely changing careers). I need to stay working at my firm until then and possible after to get the billable hours for my CPA. I passed all 4 exams and I refuse to give let that go to waste...... how do I tell my employer I'll be going to school in a way that they'll still let me work part time? Extremely nervous they're just going to let me go.

likefunny

Transitioning into M&A Tax soon as an experienced associate from a specialized group within SALT. Anyone have any advice on how to overcome the learning curve (things to brush up on and know) and be able to get off to a running start?

like

If you don’t like the CEO of your tax firm, does it make sense to leave? Like, if they’re a bad leader who’s also sexist.

Had a phone call about my chargeable hours today. Was told to make sure we charge all hours to the client and the partner will decide what to write off. Next week will probably be, “make sure to be cognizant of the budget”. Either case the partner decides what to charge regardless of how many or how little hours I put into the client 🙄 The data is manipulated constantly, yet that’s what we are judged on.

likefunny

I am an Accountant who wants to be chartered (ACCA) and further my academic as well as my professional career in the UK. I need a job that can sponsor my Visa to the UK or part of it. Please, does anyone has an idea?

like

Transfer pricing market rates. I'm hoping to get an understanding of where market rates are during COVID 19 environment. As such, could you please comment with your location, title, and base pay? Starters: Houston, S1 (recent promote), 76k.

like

Has anyone left big 4 tax and moved to PE or Hedgefund Tax? If so, How was that experience?

like

Anyone interested in jumping over to EY, but don’t know where to start? Feel free to message me for a confidential conversation.

funnylike

Switching from pwc to a small local firm with a profits interest. Anyone willing to share some challenges they’ve had going from b4 to small local?

like

For those in EY FSO tax, how much of your unlimited PTO do you actually use outside of busy season?