That's because an LLC's profits can be taxed as a corporate entity (a C corporation) or as a "pass-through" entity (an S corporation), meaning that the company avoids paying taxes on both corporate profits and the owner's personal income.
"We are tremendously excited to be creating a world-class studio in the state of Georgia and are looking forward to working with Pinewood in the many years to come, " said Jim Pace, managing partner of the investment group, River's Rock LLC.
Carol Piccaro, 54, is CEO of U.S. Chemicals LLC in Darien, Conn.
As long as your business is legally structured as a tax reporting entity, like an S Corp or LLC, you can accrue those stealth benefits by personally owning the real estate your business operates in, and becoming the landlord of that legal entity.
Closer to the Silverdome, a few hotels have popped up to support Chrysler Group LLC's nearby headquarters.
Customers do a "double take, " punching buttons repeatedly, says Marios Zenios, vice president for Chrysler Group LLC's Uconnect systems and services.
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Love, Novoselic and Grohl are currently equal partners in the company that controls Nirvana's legacy, Nirvana LLC, and royalty payments are split three ways.
Liquidators Pricewaterhouse Coopers' six monthly report, released through Companies House in New Zealand, revealed attempts to contact ASR's majority shareholder Sealutions LLC have also been unsuccessful.
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Steve Mandel's Lone Pine Capital LLC dumped its entire position in the GLD ETF, in the fourth quarter, or nearly 2.6 million shares, according to securities filings.
If you're constantly writing personal checks to bulk up your LLC's finances, a plaintiff can use the paper trail to show that the rental home wasn't really a separate investment.
An LLC's profits can be taxed as a corporate entity (a C corporation) or as a "pass-through" entity (an S corporation), meaning that the company avoids paying taxes on both corporate profits and the owners' personal income.
An LLC's profits can be taxed as a corporate entity (a C corporation) or as a "pass through" entity (an S corporation), meaning that the company avoids paying tax on both corporate profits and the owners' personal income.
Some states provide fill-in-the-black forms, requesting standard information such as the LLC's name, business purpose and type of management (such as membermanaged, where all owners take part in management, or manager- managed, where some owners manage while others act as passive investors).
After plaintiffs' attorneys rested their case Wednesday, U.S. District Judge Carl Barbier ruled there was no evidence that BP's drilling fluids contractor M-I LLC made any decision that led to the blowout of BP's Macondo well.
"You're better off with that than an LLC that's compromised by a personal guarantee, " says Michel.
The amendment provides that Mr. Liguori will have the additional responsibilities and title of Interim CEO of the Company's joint venture, OWN LLC.
Starting in July, Mr. Kerbel's new company, Practice LLC, will offer courses in five areas: academic preparation, career development, language and cultural orientation, software and library research skills and personal performance.
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Headquartered in New York's Union Square, The Padcaster LLC is an innovative startup aimed at developing tools for filmmakers and videographers of all stages of development and skill levels.
If, however, you are converting from a C corp to a passthrough, an S corp is preferable--you can convert to an S corp, but not an LLC, without triggering extra tax.
The other solution is to elect to have your LLC taxed as an S corp, which is allowed under the IRS' "check the box" rules, although that solution can create its own complications.
Denver, Colorado, CEDIA Expo 2008-September 4, 2008-Italy's SIM2, whose striking, high-performance HD home-theater projectors are known worldwide for their pristine video and dramatic cabinet designs, is partnering with U.S. firm Entertainment Experience, LLC to create the first "better than Blu" solution for high-end home theater installations.
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It's been a year since Amaranth Advisors LLC disintegrated in the biggest hedge fund collapse ever.
At least 68 companies sell products in the U.S. containing valerian, says Spins LLC, a Schaumburg, Ill.
Martin Criminale's merino wool socks made by SmartWool LLC, of Steamboat Springs, Colo.
These days Glass runs the eponymous RDG Capital LLC, where he's using the tactics of a corporate raider to find promising investments in publicly traded companies.
Also last year, in Superior Trading LLC, the U.S. Tax Court ruled against a variant of the DAD shelter promoted to more modestly wealthy individuals by former Seyfarth Shaw partner and Harvard law grad John E.
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