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The actual transfer is just a matter of marking up the LLC books, and doing it in accordance with the Operating Agreeement.  The tax issues are the main issues.  There is no tax on the trans ...Read more

Please contact an attorney to assist with forming your limited liability company.

That depends on what the agreement provides.  If the management company is performing and being paid for services which your partner was supposed to provide without compensation (other than profi ...Read more

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The Employer Shared Responsibility Provision and Seasonal Workers

The reporting requirements for the Affordable Care Act will remain in effect for the 2017 reporting period, which covers 2016. Any legislative actions regarding repeal of the ACA will have a ... Read more

Are Series LLCs Finally the Next Big Thing?

Series LLCs may finally be the next big thing. A Series LLC is a limited liability company that acts as the master LLC with a group of sub-units acting as independent LLCs. There are a number of possi ... Read more

Risks of 409A Non-Compliance (Part 2 of 2)

After asking whether you need a 409A valuation before issuing stock options for your startup, the answer was likely: yes. Still, it is not uncommon for entrepreneurs to reconsider seeking a valuation ... Read more

Should Your Startup Have a 409A Valuation? (Part 1, Series of 2)

Stock options in a startup company can be a valuable form of compensation for employees. Many early startup employees have become wealthy by getting in on the ground floor with stock options that may ... Read more

Forming LLCs Anonymously For Clients

Privately Form a Limited Liability Corporation This is a follow up to our previous post on the importance of privacy. That post focused on privacy as a general concept, this post will focus specifical ... Read more

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