Many entrepreneurs operate their businesses as a limited liability company (LLC). The usual method of taxation for an LLC is to be taxed as a disregarded entity if the LLC has only one member with the income being reported on Schedule C of the member…
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The Michigan Limited Liability Company Act (“LLC Act”) was recently amended, and took effect on December 16, 2010. There were a number of changes, most of which involved basic fixes and clarifications to the law, but there were a few substantial…
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Did you buy a new home and can’t sell your old one because of the depressed real estate market? Do you know someone who was forced to relocate for a new job but cannot sell their home? These scenarios are increasing for a number of reasons; and wit…
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