Archive for April, 2011

Do LLC in Texas have to pay Self-Employment Tax?Can you give me a credible source from where i can confirm?

Thursday, April 14th, 2011

Pranay asked: I am planning to start a Financial Consulting firm in Dallas in the state of texas. I was thinking about starting my firm as LLC. I was researching about it and on the internet, at some places it said that LLC has to pay self-employment tax and at some other places it said [...]

What are the different ways to add a member to an LLC?

Wednesday, April 13th, 2011

LindaM asked: I have a Texas LLC. LLC is a partnership for federal tax purposes. There are 2 members at this time - let’s say member A & B. B wants to leave and a new potential member (C) wants to join. C will join before B leaves (to preserve partnership status [...]

What are the benefits to getting a DUI attorney if your BAC is beyond a level where the courts will reduce?

Tuesday, April 5th, 2011

nimzaj1969 asked: I have a friend that is contemplating whether to get an attorney or not for a recent DUI arrest. He lives in Las Vegas and it’s his first but his concern is wasting money on an attorney if there is little chance of getting it reduced.
Also a point that might be [...]