Attention:Our firm remains operational offering remote teleconferencing for consultations and appointments via phone and/or Skype for those who are concerned about in-person meetings. We will be offering a free 1/2 hour telephone consultation during this time. If you are an existing client with a court appearance, we are closely monitoring the court system to determine what protocol is being taken. We will notify you of any changes to your upcoming court appearances as information comes in from the Superior Courts. We will continue to offer quality service during this time.

Analyzing Tax Returns: Limited Liability Companies (LLC)

TheFamily Law News periodical summarizes some of the unique tax aspects of a Limited Liability Company (LLC) as follows:

"Owners of Limited Liability Companies are known as members. LLCs that have two or more members report taxes on IRS Form 1065, which is the same form used for Partnerships. The state of California has a separate form for Limited Liability Companies, which is Form 568. The members of LLCs receive Schedule K-1s for their proportionate share of the LLC's net income."

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