Limited Liability Company (LLC), Tax Code

LLC vs. C-Corp vs. S-Corp

Foley & Lardner LLP on 6/9/2023

Before founders can kick-start operations, bring in customers, or engage investors, they are advised to create a legal entity to pursue such milestones. Establishing a legal entity serves several key purposes: the founder can...more

Campaign Finance Changes in Missouri, Alabama

Wiley Rein LLP on 9/20/2022

With the midterm elections quickly approaching, political giving in the states is ramping up. State campaign finance law is constantly changing, and entities must be aware of the current requirements prior to making...more

The Tax Code Could Change Before Year's End: What Can Wealthy Individuals Do Now?

Fox Rothschild LLP on 9/29/2021

President Joseph Biden and the Democratic majority in Congress are working on a $3.5 trillion tax and spending package that could dramatically increase taxes on the wealthy. In addition, new proposals are being floated almost...more

It’s Not Too Late!—Untimely S Elections

Freeman Law on 12/8/2020

In my practice, I have seen various issues related to a taxpayer’s S election. Corporations potentially jeopardize their S election by unknowingly creating a second class of stock through convertible debt. Corporations,...more

Choosing a Business Entity After the New Tax Act and Other Important Business Tax Changes Under the New Law

Sherman & Howard L.L.C. on 1/4/2018

Part I: General - The Choice of Entity Decision Prior to 2018 - Since the reduction of individual tax rates in the 1980’s, the decision of whether to conduct a business in the form of a C corporation or in the form of a...more

Supreme Court of California Set to Decide Documentary Transfer Tax Case

Holland & Knight LLP on 2/23/2017

The Supreme Court of California is slated to review a 2014 decision by the California Court of Appeal for the Second District, which held in 926 North Ardmore Avenue, LLC v. County of Los Angeles that a change in ownership of...more