Legal Question in Employment Law in New Jersey
I live in NJ. I am currently unemployed and collect UI benefits. I have an LLC and I am doing business. I do not know what the profit will be until the end of the year. So, how do I claim any income if I do not know what it will be until the end of the year? If at the end of the year I have a profit that I will pay taxes on, then I should claim that amount on the benefit week that is determined?
Asked on 5/24/12, 7:49 am
1 Answer from Attorneys
Robert Davies
The Davies Law Firm, P.A.
you may be creating a huge problem for yourself. you may be forced to stop collecting benefits or even pay back what you have already received, if your LLC business disqualifies you.
Let me know if you want a lawyer to assist.
Answered on 5/24/12, 7:52 am