Sentences with phrase «limited liability entities»

Some professionals, such as doctors, attorneys, architects, etc. set up limited liability entities for their practice, which requires a license, but I haven't heard this being used for a real estate investor.

It is not limited to corporations and includes LLC, LLP, and other limited liability entities.

The identification and valuation of these assets, which can be held in both domestic and offshore vehicles such as trusts, limited liability entities and the like, can trigger significant discovery disputes and involve multiple valuation experts (and the related review of valuation reports), lengthy depositions and the related forensic accounting and valuation of both funds and underlying portfolio companies.

Not sure if this was covered by another article (my apologies if it was) but I was wondering if you owned your rental properties as an individual or through a limited liability entity.

The program will establish a nonrefundable tax credit which may be applied against the individual income tax, corporate income tax, the limited liability entity tax, or the bank franchise tax, for donations to fund scholarships for Kentucky families so that they can afford the cost of nonpublic school tuition or other important educational services.

But there are also many solo practices operating under a limited liability entity with no income or profit.

This website is owned and operated by the personal injury law firm Lerner and Rowe Injury Attorneys (the «Firm»), which operates as a limited liability entity with other offices throughout six states.

John's commercial litigation practice includes a wide variety of shareholder / partner / limited liability entity disputes, contested dissolutions, trademark, licensing, unfair competition, warranty and Uniform Commercial Code issues, and restrictive covenants / non - compete / solicitation agreements; he also has experience...

Baseline will operate as a separate limited liability entity to both its parents, and will offer clients resolutions to issues encountered in transformation projects.

You accept that, as a limited liability entity, High Conflict Institute, LLC has an interest in limiting the personal liability of its officers and employees.

Not exact matches

Small businesses — namely, pass - through entities such as S corporations and limited liability companies (LLCs)-- get a break, too.

Instead, most American firms are structured as pass - through entities, such as S - corporations, partnerships and limited liability corporations (LLCs).

Over seventy percent of U.S. companies are structured as pass - through entities, such as S - corporations and limited liability corporations (LLCs).

Many small businesses operate as limited liability corporations, sole proprietorships, and S corporations, which are all pass - through entities.

People, person, or persons as used in this Constitution does not include corporations, limited liability companies or other corporate entities established by the laws of any state, the United States, or any foreign state, and such corporate entities are subject to such regulation as the people, through their elected state and federal representatives, deem reasonable and are otherwise consistent with the powers of Congress and the States under this Constitution.

If your company is a corporation or limited liability company (LLC), you should never co-mingle business and personal checks for fear of losing the limited liability that these entities provide - that business account should be opened now, without delay.

Let's also assume that you've concluded it would be advantageous to operate your small business through an entity that limits the personal liability of all the owners — even if following this strategy involves a bit more paperwork, complexity, and possible expense.

The issue for Johnson is the benefits for multinational corporations relative to those for pass - through entities, such as limited - liability corporations and S - corporations.

Another significant past drawback of the R&D credit was that companies» ability to use it was limited if they — or their shareholders, in the case of pass - through entities like S corporations, limited liability companies, and limited liability partnerships — either didn't owe federal income tax or were subject to the alternative minimum tax (AMT).

However, these tax savings apply only to C corporations, and the majority of small business is conducted as one form or another of pass - through entities — partnerships, limited liability companies (LLCs) taxed as partnerships or S corporations.

Pass - through entities: The net income of pass - through entities like partnerships, S corporations, limited liability companies (LLCs) and sole proprietors is effectively taxed at individual tax rates.

He also authored many published legal articles including New Developments in Oklahoma Business Entity Law, Summer 2003 edition of the Oklahoma Law Review and Application of Securities Laws to Limited Liability Companies, in the Consumer Finance Law Quarterly Report Vol.

The new law carves out a brand - new tax deduction for owners of pass - through entities, including partners in partnerships, shareholders in S corporations, members of limited liability companies (LLCs) and sole proprietors.

Notably, the new law carves out a brand - new tax deduction for owners of pass - through entities, including partners in partnerships, shareholders in S corporations, members of limited liability companies (LLCs) and sole proprietors.

The «pass - through» business income rate applies to income from entities like like S - corporations and limited - liability companies (LLCs) that do not pay their own taxes, but pass their income through to their owners, who then pay tax on that income on their individual income tax returns.

Some of the basic legal entities in existence include; sole proprietorship, partnership, corporation, S corporation and Limited Liability Company (LLC).

A limited liability company (LLC) is a hybrid business entity that has certain characteristics of both a corporation and a partnership / sole proprietorship.

Though angel investors usually represent individuals, the entity that actually provides the fund may be a limited liability company, a business, a trust or an investment fund, among many other kinds of vehicles.

If the Saxo Bank Group at any time and for any reason, should become liable for the loss of any person and / or entity, including without limitation, if any provision of this disclaimer is, or at any time becomes to any extent or in any circumstances invalid, illegal or unenforceable for any reason, the liability of the Saxo Bank Group shall be limited to such person's and / or entity's duly documented direct loss, which for the avoidance of doubt, and without limitation, shall not include damages for any incidental and consequential losses, damages for lost opportunity, damages for lost profit, statutory damages, nominal damages, punitive damages, restitutionary or disgorgement damages, damages for costs, including legal costs, and damages for any other indirect loss.

If you want to protect your personal assets, you might be better off setting up a corporation or even a limited liability company (that's a business with limited liability that can be taxed like a partnership or another entity).

Still, it is quite common for rich and famous home buyers to use straw entities created by wealth managers and family offices to make purchases, a scenario typically employed to ensure anonymity (or some semblance of it, anyway) while limiting liability in the case of unforeseen financial or legal woes.

Please read this section carefully since it limits the liability of Fanatix and its parents, subsidiaries, affiliates, related companies, officers, directors, employees, agents, representatives, partners, and licensors (collectively, the «fanatix Entities «-RRB-.

The entity was set up to help manage Nixon's acting career and limit her liability exposure, which her campaign described as a common mechanism used by actors to pay publicists and agents that also allows her to set up a personal retirement account.

Two decades after the legislation that created limited liability companies in New York state, the business entities have taken on a central role in the funding of political campaigns, according to a new report from state Sen. Daniel Squadron, a Democrat who has been one of the most vehement opponents of the so - called «LLC loophole.»

Limited liability companies can give up to $ 150,000 annually in New York elections, and individuals can create LLC entities to give money.

On campaign finance reform, Cuomo again this year said he wanted to close the LLC loophole, which allows limited liability companies to donate to campaigns under the same provisions to which individuals, providing virtually unlimited opportunities for entities to donate cash.

Two decades after the legislation that created limited liability companies in New York, the business entities have taken on a central role in the funding of political campaigns, according to a new report from state Sen. Daniel Squadron, a Democrat who has been one of the most vehement opponents of the so - called «LLC loophole.»

State elections law treats limited liability companies, which are essentially paper companies that have their own bank accounts, as separate entities from their parent corporations.

Even if the enforcement counsel wins this case and the definition of «alter egos» is limited to incorporated entities controlled exclusively by only one person, it could apparently reduce the amount of money that hundreds of donors — particularly limited liability companies — would be allowed to give.

LLCs have become the state's most popular form of limited liability business entity and are favored by small business owners because it affords them the «managerial flexibility and favorable tax benefits of the partnership, while also providing the conventional limited liability protection of the corporation.»

Mr. Dorego, as part of his testimony, gave jurors a brief primer on limited liability companies, or LLCs, explaining that each of Glenwood's 20 - plus buildings was owned by such an entity, and that each of those was in turn owned by the Litwin Family Trust.

The Assembly has passed some campaign finance reform measures, including closing the so - called Limited Liability Company (LLC) loophole, which allows those controlling these secretive business entities to essentially ignore campaign contribution limits.

Properties titled under a corporate entity (Corporations, Limited Liability Companies, Partnerships)

Upwork can easily have business entities (limited liability company equivalents) in multiple countries, and it can make payments between them.

A business may have to complete Form 433 - B if it is a partnership, a corporation, limited liability company (classified as a corporation or other), or another type of entity.

Terms, defined.For purposes of the Credit Services Organization Act: (1) Buyer shall mean an individual who is solicited to purchase or who purchases the services of a credit services organization; (2) Consumer reporting agency shall have the meaning assigned by the Fair Credit Reporting Act, 15 U.S.C. 1681a (f); (3) Credit services organization shall mean a person who, with respect to the extension of credit by others and in return for the payment of money or other valuable consideration, provides or represents that the person can or will provide any of the following services: (a) Improving a buyer's credit record, history, or rating; (b) Obtaining an extension of credit for a buyer; or (c) Providing advice or assistance to a buyer with regard to subdivision (a) or (b) of this subdivision; (4) Extension of credit shall mean the right to defer payment of debt or to incur debt and defer its payment offered or granted primarily for personal, family, or household purposes; and (5) Person shall include individual, corporation, company, association, partnership, limited liability company, and other business entity.

Through the use of these entities in a tax deferred exchange, a wide variety of structuring opportunities become available, some of which can address an exchange clients other investment goals such as limited liability and succession planning.

We currently support personal investment accounts, joint accounts, and certain entity accounts (Trusts, Limited Liability Companies, Limited Partnerships, C Corporations, and S Corporations).

Generally, the title owner of the policy is an individual but it could can also be a trust or business entity such as a corporation or an limited liability company if the circumstances warrant this strategy.

Similarly, a business entity such as a corporation or an limited liability company may be the designated beneficiary if a business is purchasing life insurance on a business partner's life as part of an entity purchase buy - sell strategy.