Tagged Questions

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1answer
78 views

Startup capital and taxes

I'm finishing up a successful KickStarter campaign. The approximately $8000 is going to be used as capital for my software startup. I'm currently structured as a sole proprietorship, so the $8000 is ...
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1answer
74 views

IP contribution to an LLC

If a founder is contributing IP to an LLC and receives a captital account equal to the value of the IP, is the founder liable for taxes on the amount in the capital account?
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1answer
1k views

If I sell my LLC in an equity deal will I be taxed for long term capital gains?

I founded a startup in late 2008, as a sole proprietorship LLC. I was the only member in the LLC. It stayed that way until August of 2011, less than a year ago, when I added a minority partner to the ...