LLC

Red sunset over a calm lake.

Tax Implications of Converting an LLC to a Corporation

07/12/2019
Recently a husband/wife owned 3 LLC's that each successfully elected to be treated as S-corporations...
Business Structure / Corporation / LLC
Kayak on lake with mountain sunset view.

Business Entity Selection and the Tax Consequences of Converting

02/09/2017
For this post Brandon Rains, founder of the Rains Laws Firm and an expert on...
Business Structure / Corporation / LLC / Sole Proprietor / Sub-chapter S
Glowing infrared image of Jupiter's atmosphere.

LLC Income is INDEED Subject to Self Employment Tax: IRS Chief Counsel Advice 201436049

02/06/2015
In 1997, the IRS issued proposed regulations governing when the distributive share of partnership income...
Employment Tax / Entity Classification / Limited Partnership / LLC / Material Participation / Passive Activity / Payroll Tax Problems / Small Business / / Taxable Income / Uncategorized
Smiling businessman sitting at desk with laptop.

What is the best Business Structure to form If Any?

10/29/2014
What I love most about Colorado, more than the 300+ days of sun every year...
Business Expense / Business Income / Business Structure / Capital Gain / Capital Loss / Employment Tax / Limited Partnership / LLC / Net Operating Loss / Partnership / Self Employ / Small Business / Sole Proprietor / Start up costs / Sub-chapter S / Tax Guidance & Preparation

Recent Posts

Categories

Archives