Florida Bar Journal - Vol. 73 Nbr. 7, July 1999
This article compares the benefits and detriments of a limited liability company to a limited partnership and a ......
5 percent Florida corporate income tax on a limited liability company (LLC) which is structured as a ...
See more references to Limited liability companies in this document
The Tax Adviser - Vol. 24 Nbr. 4, April 1993
Limited liability companies
Limited liability companies (LLCs) offer the benefits of both the closely held company and a limited partnership. LLCs operate like corporations without being incorporated, but offer immunity from liability for the partners. LLCs are classified as either partnerships or corporations for tax purposes, depending on four criteria: continuity of life, limitation of liability, freedom in interest transferability and centralized management. A comparison of LLCs with sub...
See more references to Limited liability companies in this document
Suffolk University Law Review - Vol. 42 Nbr. 3, June 2009
An Introduction
Viewing the title of this Symposium and, in particular, its cadre of famous authors, one is inclined to ask: what is special about the twenty-year-old limited liability company business form to draw such ...
See more references to Limited liability companies in this document
Florida Bar News - August 01, 2007
Stephen R. Looney and Christopher D'Amico of the Orlando office of Dean Mead sat on a panel on "Limited Liability Companies Classified as S Corporations"...
See more references to Limited liability companies in this document
Illinois Bar Journal - Vol. 95 Nbr. 10, October 2007
In 1996, the Internal Revenue Service ruled that a limited liability company (LLC) would be taxed as a ...... (2)
The Illinois Limited Liability Company Act (3) (LLC Act) now allows ......
, with tax liability passing through to the owners) to instead create ...
See more references to Limited liability companies in this document
Florida Bar Journal - Vol. 72 Nbr. 10, November 1998
On May 22,1998, S.B. 704 became law in Florida without the Governor's signature.[1] Although Florida was the second state to adopt legislation creating limited liability companies (LLCs) in 1982 and revised ...
See more references to Limited liability companies in this document
The Tax Adviser - Vol. 27 Nbr. 7, July 1996
Limited liability companies
The IRS has addressed tax classification issues for limited liability companies (LLCs) but has not provided guidance for many other practical tax issues raised by LLC status. Passive activity material participation rules, single member LLC treatment, deductibility of expenses incurred in converting from a partnership and multistate issues have not been addressed for LLCs. The IRS has provided some guidance for accounting method conversions, self-employment taxatio...
See more references to Limited liability companies in this document
Suffolk University Law Review - Vol. 42 Nbr. 3, June 2009
... INTRODUCTION
Purpose
The purpose of this essay is to analyze the question of whether there is, or should be, a single theory for interpreting and understanding the limited liability company (LLC). Should is the epitome ...
See more references to Limited liability companies in this document
