TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Converting LLC to QJV

March 15, 2012

Today TaxMama® hears from Gary in the TaxQuips Forum with this tale. “During 2011 my wife and son-in-law formed an LLC in the State of Indiana. During 2011, no income was received, and only expenses were incurred as part of the start-up. Last week our