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Re: LLCs and Subchapter S

Ronald J. Cappuccio, J.D., LL.M.(Tax) — Tue, 09 Feb 2010 01:49:27 GMT

Allan: I love that quote from one of my favorite movie writers! Best, Ron Ronald J. Cappuccio, J.D., LL.M.(Tax) Counsellor at Law 1800 Chapel Avenue West

Re: LLCs and Subchapter S

Donn, Allan — Mon, 08 Feb 2010 19:36:02 GMT

Ron: Seeing your quotation from President Reagan of our choices, I am reminded of the words of another political philosopher, Woody Allen: "More

Re: LLCs and Subchapter S

Ronald J. Cappuccio, J.D., LL.M.(Tax) — Mon, 08 Feb 2010 17:03:50 GMT

John: Yes, both Federal and State of NJ. Best, Ron Ronald J. Cappuccio, J.D., LL.M.(Tax) Counsellor at Law 1800 Chapel Avenue West Cherry Hill, NJ 08002

Re: Brief off-topic request

Norman R. Solberg — Mon, 08 Feb 2010 13:40:45 GMT

Don't you save your emails? This is from Friday: Tommy Boothe -- All the best, Norman Solberg __________________________ Norman R.

Brief off-topic request

John Cunningham — Mon, 08 Feb 2010 12:57:09 GMT

I want to respond off-line to a posting to this group by Tommy Booth, but I don't have his e-mail address. Can Tommy or another person who knows his address

Re: LLCs and Subchapter S

John Cunningham — Mon, 08 Feb 2010 12:53:31 GMT

Ron: When you say ?they are an S corporation,? do you mean that they are state-law business corporations that have made an S election? John M. Cunningham

Series LLCs

gwcoleman@... — Mon, 08 Feb 2010 00:20:56 GMT

I have been asked to amend an Texas LLC Agreement to convert the existing LLC (engaged in real estate development) into an LLC that is authorized to issue

Re: LLCs and Subchapter S

Ronald J. Cappuccio, J.D., LL.M.(Tax) — Mon, 08 Feb 2010 00:13:39 GMT

I also gave seminars in 1994 when NJ enacted its LLC law. The lawyers all thought it was great. I had fellow attorneys calling me for 10 years using my

Re: LLCs and Subchapter S

Donn, Allan — Sun, 07 Feb 2010 19:10:21 GMT

So it must be me. I just tried again with the same result. Allan G. Donn Willcox & Savage, P.C. One Commercial Place, Ste. 1800 Norfolk VA 23510 757-628-5521

Re: LLCs and Subchapter S

Callison, J. William — Sun, 07 Feb 2010 18:35:48 GMT

I never believed in the S corp game except where clear that capital and not labor produced the income (not the case in most service businesses). I think I may

Re: LLCs and Subchapter S

Walter Schwidetzky — Sun, 07 Feb 2010 18:14:41 GMT

I also gave talks back then, and told people, "well, there is a way to use S corps to avoid FICA and Medicare taxes, but the IRS will most likely shut it down

Re: LLCs and Subchapter S

Callison, J. William — Sun, 07 Feb 2010 18:10:24 GMT

Reminds me of one of the first times I spoke re llcs in 1990. After talking to a room of 100 or so accountants in Colo Springs for 2 hrs my first "question"

Re: LLCs and Subchapter S

John Cunningham — Sun, 07 Feb 2010 17:55:07 GMT

I think the S corporation allocations have to be three-fold-i.e., between (i) the labor of the owner of the S corporation; (ii) the labor of the owner's

Re: LLCs and Subchapter S

Walter Schwidetzky — Sun, 07 Feb 2010 17:49:18 GMT

I am coming late to this thread, but as noted, one of the main reasons people pick S corps is to beat the Medicare tax (and the Fica tax for the truly greedy).

Re: LLCs and Subchapter S

Ronald J. Cappuccio, J.D., LL.M.(Tax) — Sun, 07 Feb 2010 17:12:49 GMT

This was a really good analysis of the issue of S corp vs. LLC. Most CPA's that I deal with have always hated LLC's from their start. Just this week I had a