White Paper

11 Pages
  • 11 Pages

Limited Liability Companies: Special Tax Issues

 

LLC members are not personally liable for LLC debt.

A Limited Liability Company (LLC) is an entity formed under state law by filing their Articles of Organization. Unlike a Partnership, none of the LLC members are personally liable for LLC debt. For US income tax purposes an LLC may be classified as either a partnership, corporation or disregarded as an entity separate from its owner. A domestic LLC with at least two members that does not file Form 8832 is classified as a partnership for federal income tax purposes. Download this white paper to learn about LLC capital interest, member gains or losses on distributions, and more.

Faculty

Gary S. Wolfe

The Wolfe Law Group

Agenda

Faculty

Gary S. Wolfe

The Wolfe Law Group

Our author, Gary S. Wolfe, has more than 34 years of experience, specializing in IRS Tax Audits and International Tax Planning/Tax Compliance, and International Asset Protection.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today

Access to all training products $699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.