There is a lot of confusion as to the taxation of an LLC (limited liability company). The LLC does not have its own “tax structure” under the IRS code. Corporations and partnerships have their own tax structures. In a partnership, partners divide up the profits and losses
LLC Dissolution on the death of a member needs to be handled by the LLC Operating Agreement. I recently handled a case where a successful businessman came in with what appeared to be a fairly comprehensive estate plan. He wanted to simply ask some questions and look
Brittany Murphy’s death has certainly come as a shock to the world. In a way, it is even more shocking to learn that the death was “due to natural causes,” according to the Los Angeles coroner. Her husband, British screenwriter Simon Monjack, is in shock and is
by Lee R. Phillips Here’s a little PS on the bank rating information previously posted. Several years ago, I shopped for the best rates on a CD investment I had. I picked a coupe of banks that offered great rates (for the time anyway). Funny thing-both of
