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Do you have to issue a 1099 to a LLC?
That's a toughy...it actually depends on how they have elected to be taxed! There is a form they can send you if they have elected to be taxed as a Corporation, which means that no 1099 is needed...
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Can a LLC invest in its parent LLC?
Yes, a LLC, that is, a LLC that is member of a LLC, could theoretically make a distribution to its parent LLC. Although, where member(s) of the LLC that is a member of the "parent" LLC are also...
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What is an LLC?
LLC stands for "limited liability company." The LLC is a relatively type of new business entity in the United States. Its owners have limited liability for the entity's debts and obligations, similar...
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What is llc?
LLC stands for limited liability company. It's a type of business structure that, true to name, limits the amount of financial liability the owner faces. Most people who choose to create an LLC do so...
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Can an llc escape a lawsuit by selling the llc?
No. See related question link that explains the liability of an LLC.