Basically here is the short list of my tax problems.?

Question

I need to file the paper work for an LLC/sole proprietorship.
I need to file the paper work to declare the money I made ($9525) and I have about 2200 in deductions.

I also need to figure out something on my personal taxes:
I also have a letter from the IRS about a W2- I got on April 15th after I sent im my efile already. I never filed an amended return so they are counting the $158.xx of federal taxes not paid as income for this year.

Those are the issues I got. I know that my revenue is for now pretty low so I don't have to worry about an instant IRS audit, but I don't want to ever get one so I want to have someone file this right the first time, and I'm pretty sure that I'm not that person.

Basically, the issue is whether I should file this as personal income, or file as a business. Either way I file I dont know the forms to fill out and if I did them myself the danger is that I dont know enough to catch my own errors. Which is why I need someone to do em for me.

Answer 1

Best thing is talk to your CPA.That would give you a right advice.Different people have different opinion therefore you will be confused.You may think that out of different opinions which is the best.But opinions are free.CPA's are not free they are professionals and know what they are talking about.ok