ggrrr ...
"The IRS does NOT recognize ..."

On Tue, May 12, 2009 at 6:03 AM, Roger, in Bangkok <mercies@cscoms.com>wrote:

> LLCs are separate entities only in the eyes of the particular state(s)
> where they are registered.  Note that all LLCs are state registrations and
> come under laws that vary widely from state to state.  The IRS tends does
> NOT recognize LLCs for tax purposes, so they treat all "members" of an LLC
> as an ordinary partnership for federal tax purposes only.  Look at the state
> regs, most are no doubt online.
>
> Regards/Roger, in Bangkok
>
>
>
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