Can You Amend Your LLC Operating Agreement?An LLC operating agreement is usually prepared when the LLC opens and can be amended. It governs the structure and operations of the LLC....
How to Avoid Taxes with a S CorporationYou may be thinking of taking a S corporation election for your LLC, which can lead to significant tax savings. To qualify for S...
Passive Loss Rules - Big Tax BreaksEver since 1984, congress has not allowed us to deduct passive losses for active and portfolio income. However, meeting some simple...