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We all love to operate under limited liability and all the more better if we could get some relief from the tax guys. Well, there is no immediate respite from the tax chaps, so don't try running from those guys. They have three options. -They can file returns either as a corporation, a partnership or sole proprietorship. Certain llc'sare put under the same category and taxed alike. These
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Should you operate your business as a corporation? Or is there another, simpler alternative? You've probably noticed that in the past decade there are more and more businesses with their names followed by the letters "LLC" instead of "Inc.". "LLC" stands for Limited Liability Company, is the newest type of legal entity that exists in the United States, and for many
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This newly created entity within the United States has been around for many years in other countries. It is commonly used in Germany, in fact. But, what is LLC? How does it work and why is it a benefit to you or to others who use it? There are some things to consider prior to getting involved with a limited liability company. First, knowing what an
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Set Up LLC News Updates

  • Q4 2011 Marks Completion of Record Year for Resolvit, LLC
    VIENNA, VA-- - Resolvit, LLC, an information technology and business consulting solutions provider, today announced that it has set new company revenue and employment records. 2011 total sales were up ...
    Mon, 06 Feb 2012 05:07:00 -0800

  • IRS has clarified rules for families and LLCs
    Q. My business is set up as a single member LLC. My only employees are my husband and two children. A couple of years ago, my accountant told me I had to begin paying unemployment FICA and Medicare taxes on all salaries.
    Fri, 27 Jan 2012 17:10:07 -0800

  • Levin takes Phoenix lead, second round suspended due to darkness
    Spencer Levin holed out from a greenside bunker for eagle on the par-4 17th and shot an 8-under 63 on Friday to take a three-stroke lead in the suspended second round of the Phoenix Open.
    Fri, 03 Feb 2012 23:55:13 -0800

  • Serena puts U.S. up 2-0 vs. Belarus for Fed Cup
    Serena Williams beat Olga Govortsova 7-5, 6-0 on Saturday, and the United States swept the first-round singles to take a 2-0 lead over Belarus in the Fed Cup.
    Sat, 04 Feb 2012 23:56:06 -0800

  • Nadal says tax bills paid despite opposite reports
    Rafael Nadal says his fiscal requirements are up to date after a Spanish website reported the Australian Open finalist had set up several companies to trim his tax bill.
    Thu, 02 Feb 2012 15:42:33 -0800

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