LLC


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LLC

LLC

(Logical Link Control) See "LANs" under data link protocol.
References in periodicals archive ?
Don Cameron, Hi-Land Properties, LLC (Palm Beach, FL)
The Service determines the treatment of all LLC items at the entity level during the audit of an electing large LLC.
Manufacturing Technologies International Marion Equipment Company, LLC Menzel LP Mesabi Control Engineering, Ltd.
Innovative Consumer Insurance Services, LLC Johnson, Kendall & Johnson Lighthouse Eldercare, LLC National Council of Healthcare Agents/NCHA Neace Lukens Insurance and Risk Management RegalCare Senior Citizens Mutual Insurance Co.
While the 1994 proposals provided some degree of certainty for taxpayers, the reliance on state law caused differing treatment for LLC members whose situations were similar but whose LLCs were formed in different states.
The protection an LLC or LLP offers the partners involved is an important advantage.
Before 1990, only Florida had joined Wyoming in enacting an LLC statute.
If someone falls on the classic banana peel, they can sue the LLC and seek redress against the LLC assets, but they can't go further against the personal assets," said Starr.
AMBS Investment Counsel, LLC (AMBS) serves as sub-advisor to a portion of the AHA Diversified Equity Fund.
While not an exhaustive list of safe-harbor transactions, the foregoing transactions illustrate the nature and quantity of actions an LLC can take without registering as a foreign LLC.
Also, most state laws grant members the unrestricted right to assign an LLC interest; if this right is to be restricted, that fact must be included.
As of now, there are no clear guidelines as to whether an LLC member's share of profits is subject to SE tax.