Sentences with phrase «returns for the business entity»

This type of loan for rental property requires lease agreements, a rent roll, a dedicated bank account where all rental deposits should be placed, and tax returns for the business entity that holds title to the rental properties.

Not exact matches

The designation covers tax returns for individuals, business entities, fiduciaries, trusts and estates.

If you run your business as a sole proprietorship, LLC, or S - Corp and as a pass - through entity, where the business doesn't pay any taxes directly and you pay taxes for the business on your personal tax return, you are required to pay self - employment taxes on your earnings.

Terms, defined.For purposes of the Credit Services Organization Act: (1) Buyer shall mean an individual who is solicited to purchase or who purchases the services of a credit services organization; (2) Consumer reporting agency shall have the meaning assigned by the Fair Credit Reporting Act, 15 U.S.C. 1681a (f); (3) Credit services organization shall mean a person who, with respect to the extension of credit by others and in return for the payment of money or other valuable consideration, provides or represents that the person can or will provide any of the following services: (a) Improving a buyer's credit record, history, or rating; (b) Obtaining an extension of credit for a buyer; or (c) Providing advice or assistance to a buyer with regard to subdivision (a) or (b) of this subdivision; (4) Extension of credit shall mean the right to defer payment of debt or to incur debt and defer its payment offered or granted primarily for personal, family, or household purposes; and (5) Person shall include individual, corporation, company, association, partnership, limited liability company, and other business entity.

SEGA, of course, can always put a smoother spin on things, «The decision is part of a review of SEGA's Western Development Studios to ensure that each studio is a profitable entity in its own right, and unfortunately the SEGA Racing Studio's 5 year plan would not result in a successful return for the SEGA business moving forward.

With a filing date of January 1, you'll save time when filing a tax return for that year, because the business doesn't need to file two separate tax returns for the unincorporated entity and one for the new C - Corp, S - Corp, or LLC.

Institutional lenders need not only obtain appraisal of the value of the property, but also require detailed examination of the borrower's credit history and current financial status, as well as financial statements and tax returns not only for the property securing the loan but for all real property and business interests owned by the borrowing entity and the borrower himself.