Many sales representative organizations, like other businesses, are structured as limited liability companies (LLCs). The preponderance of LLCs with more than one member are treated as partnerships for tax purposes.
Question: As the owner of a pass-thru entity, can I benefit by paying my state’s new pass- thru entity tax?
October 25, 2021
What You Should Known About Illinois’ New Non-Compete Law / Neutral Employment Reference vs. Telling It Like It Is: Both Sides of the Coin (Fall 2021)
Contributors: Norm Finkel, Phil Zisook
Disability inclusion is important to SFBBG. We proudly support JCFS Chicago and their mission to help individuals with disabilities find employment. We were recently featured in a video for JCFS. Click here to view the
Question: A few years ago, I individually loaned a friend a sizeable amount of money. Since there is no chance I will be repaid, can I report a tax deduction for the amount loaned?