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Many people are surprised to learn that the LLC business entity is a fairly recent phenomenon. Wyoming was the first state to legislate the creation of LLCs in 1977. Most states didn’t jump on the LLC bandwagon until 1988 when the IRS classified the LLC as a pass through entity for tax purposes. This ruling turned LLCs into the popular monster
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"So many investors are tired of watching their retirement
accounts dwindle away from the lackluster performance of the
stock market, while the value of their home and surrounding
areas increase in the double digits," said Marco Caporale,
President and CEO of Independent Executive Management, LLC.
Although using your retirement account to purchase real estate
does offer the potential for two to three times the annual
appreciation of traditional
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Author's Note:This article is the third in a series by Tax ExpertWayne Davies on the advantages of incorporating your smallbusiness or self-employment activity. Article #1:It Can Happen To You:Why Any Sole Proprietorship Is A Risky Businesshttp://www.YouSaveOnTaxes.com/happen-to-you.txtArticle #2:How To Avoid Double The Trouble:Why A Partnership Can Be Twice As Dangeroushttp://www.YouSaveOnTaxes.com/double-the-trouble.txtArticle #3:Three's Company: How To Move From Unlimited Liabilityto Limited Liabilityhttp://www.YouSaveOnTaxes.com hree-is-company.txt------------------------------------------------------------For the
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Clean Slate LLC News Updates
The preliminary action of the 2011 National Reined Cow Horse Association World Championship Show presented by John Deere continued Wednesday at the 1st Community Credit Union Spur Arena. The day began with the Open Hackamore, was followed by the Intermediate Non Pro Bridle, then the Non Pro Limited, and finished with the Non Pro Hackamore. The top 10 plus ties in each of the preliminary rounds ...
Thu, 02 Feb 2012 17:31:00 -0800
AUBURN HILLS, Mich., Jan. 26, 2012 /PRNewswire/ -- For 2012, Ram Truck will expand its model lineup by adding the new, top-of-the-line Ram Laramie Limited."The Ram Truck brand's greatest strengths ...
Thu, 26 Jan 2012 06:00:00 -0800
The preliminary competition of the 2011 National Reined Cow Horse Association World Championship Show presented by John Deere continued Tuesday.
Wed, 01 Feb 2012 18:03:00 -0800
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