Tax Tips: Is a Member of an LLC a “Limited Partner”? - Tax Tips - Members as Limited Partners (00165103).DOC (DOC)
Monday, January 04, 2010
Category:  < Taxation

The difficult economic conditions of the past year have generated substantial losses from the investments of many taxpayers. To mitigate these harsh financial circumstances, taxpayers may be able to use these losses to offset future taxable income or obtain refunds for taxes paid in prior years if the losses are characterized as net operating losses as opposed to passive activity losses. 

View Tax Tips - Members as Limited Partners (00165103).DOC (DOC)

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