A Limited Liability Corporation (LLC) can be treated as an S-Corporation or as a Partnership by the Federal Government Internal Revenue Service (IRS) (you fill out form 8832 to classify it as Partnership). When I established my LLC I made it a Partnership: a very flexible arrangement that allows me to divide the earnings (or [...]
Tag Archives: limited liability corporation
LLC Annual Report In Massachusetts
- 06
- Feb
Massachusetts requires Limited Liability Corporations to present an Annual Report every year, on or before the anniversary date of the corporation. They request you to confirm the information you entered at the time of registration or amendment. And they leave you space to inform the state and your LLC members of any other important information [...]
Setting Up a Corporation, Almost Overnight
- 20
- Feb
There was a day when someone called me, in the middle of the night, to ask me if I would be willing to travel overseas to help him on a project where my skills may be needed: As Soon As Possible (that same week if it could be done). I understood the pain the person [...]
