Archive for August, 2010

What are the advantages of an LLC when a homeowner makes the rental property into one?

Friday, August 6th, 2010

hughvanderhugenhoggle asked: The house I live in has been designated by it’s address as an LLC (LImited Liability Corporation).
What advantages does the owner have in doing so?
If the house would be “exempt” from a lawsuit if the landlord is sued, is this always true that this property would be exempt-are there exceptions?
This is a follow [...]

Does an LLC have to withhold from musicians they pay soradically?

Tuesday, August 3rd, 2010

Kenneth B asked: I didn’t explain before. If the LLC or partnership hires a musician to perfom at an event does that constitute an employee and therefore withholding of taxes. I was told that a 1099 is sufficient. Please help.
Thank you

How long will a DUI show on Background check?

Tuesday, August 3rd, 2010

afireinsidexxx77 asked: My boyfriend got a DUI almost 3 years ago and he got turned down for 3 jobs this last week because of his background check coming up bad. How long will this affect his background and is there anyway to drop it faster? Thanks!