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A series LLC is a special form of a limited liability company that allows a single LLC to segregate its assets into separate series. For example, a series LLC that purchases separate pieces of real estate may put each in a separate series so if the lender forecloses on one piece of property, the others are not affected.
First American Bank was chartered in 1974 in Illinois as "First American Bancorp, Inc." to serve the Chicago area. The company was dissolved in 1990 to be restructured under its current name. [1] It is a privately owned company with 80% of its assets owned by the officers, directors, and family members.
There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal
Whether it’s done through the Illinois Department of Revenue or the state’s comptroller, a taxpayer looking to these platforms to check on the status of their refund must be ready to provide ...
Among the fast food giants, McDonald's is making a splash with its new value platform starting on Jan. 7, its first national value offering since 2018.Bernstein analyst Danilo Gargiulo called it a ...
Free File Fillable Forms is an electronic version of IRS paper forms. Free File Fillable Forms does not include any elaborate cross-checking or question-and-answer formats (such as is found in many of the Free File Software packages), instead it is a simple fill-in-the blank format (however, it does perform math calculations).
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