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Creator attribution: Nick Youngson - http://nyphotographic.com/

New Federal Law May Require Amending LLC Operating Agreements

The Bipartisan Budget Act of 2015  was signed by the President Obama on November 2, 2015 which changes the law involving partnership audits conducted by the IRS for tax years beginning after Dec. 31, 2017.  This will affect those limited liability companies that are taxed as...

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