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The LLC acquired several more properties with the Clark brothers continuing to loan the down payments to the LLC. [read post]
7 May 2021, 1:14 pm by IncNow
In multi-member LLC agreements (even husband and wife two-member LLCs), the LLC again defaults to pass-through tax treatment. [read post]
27 Apr 2021, 11:23 am by Kevin Kaufman
They have been supplanted by a dramatic rise in the number of pass-through business forms, such as S corporations and LLCs. [read post]
22 Apr 2021, 6:48 am by Staff Attorney
From 2000 through 2002, Campbell was registered with Northwestern Mutual Investment Services, LLC. [read post]
9 Apr 2021, 10:01 am by Andrew Hamm
These and other petitions of the week are below: SFR Investments Pool 1, LLC v. [read post]
30 Mar 2021, 6:51 am by Kevin Kaufman
The governor would offset rate reductions with a tax shift and the Senate adopts a hybrid of the two approaches, shifting burdens away from income taxes and onto consumption taxes while using future revenue gains to phase in subsequent reductions. [read post]
25 Mar 2021, 7:50 am by Kevin Kaufman
We do not have CBO data for 2018, but we know that the Tax Cuts and Jobs Act reduced income taxes across all quintiles on average, so the negative rates for the bottom two quintiles should fall further and the middle quintile could dip into negative as well. [read post]
13 Mar 2021, 7:32 pm by Chris Manes
For intangible property other than business interests (that is, stock, LLC memberships, partnerships, etc.), the formula involves “use” of the intangible property in California. [read post]
2 Mar 2021, 9:47 am by Renae Lloyd
The merger reportedly combined two similar portfolios of corporate office and industrial properties with long-term, net leases to creditworthy tenants. [read post]
1 Mar 2021, 6:56 am by Shannon O'Hare
According to section 4 of Capital Gains Tax (“CGT”) Law, on any gains accruing from a disposal of property, there shall be levied and paid a tax at the rate of 20% on such gains. [read post]
22 Feb 2021, 6:31 am by Staff Attorney
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial advisor Joseph Hain (Hain), currently employed by Noble Capital Markets, Inc. has been subject to at least two customer complaints during the course of his career. [read post]
22 Feb 2021, 4:11 am by Peter Mahler
This year’s synopses feature three noteworthy decisions by New York courts and one from Iowa: dismissing a rare deadlock dissolution petition involving a not-for-profit corporation; dismissing a petition to dissolve a limited liability company after the company and one of its two 50% members were indicted for tax fraud; dismissing claims for breach of fiduciary duty surrounding the break-up of a law firm; and affirming a post-trial decision dismissing claims by son against father for… [read post]
16 Feb 2021, 8:16 am by William Ford, Victoria Gallegos
Rend Al-Rahim, former ambassador of Iraq to the United States and Olin Wethington, founder and chairman of Wethington International LLC. [read post]
8 Feb 2021, 6:12 am by Staff Attorney
”[2]  The DOJ indicted David Gentile, the founder of GPB, Jeffry Schneider, the owner and CEO of Ascendant Capital LLC, and Jeffrey Lash, a former managing partner of GPB relating to the fraud. [read post]
28 Jan 2021, 8:30 pm by Jim Sedor
National/Federal Beau Biden Foundation to Deny Lobbyist Donations, Make Major Donors Public The Hill – Alex Gangitano | Published: 1/21/2021 The Beau Biden Foundation for the Protection of Children, which works to combat child abuse and was named after President Biden’s late son, told donors it will make changes to increase transparency. [read post]
27 Jan 2021, 11:22 am by anne
After Ameriprise discovered her misconduct and fired her, Hsu founded American Capital Trading Group LLC and American Capital Republic, Inc., where she sought out and defrauded additional investors. [read post]