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Subject Author Date
Will there be tax deductions for my LLC business? Sir.M.Messervy 07-12-2007
Posted by Bernard S on August 24, 2007, 7:29 pm
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> kamlet@panix.com (Arthur Kamlet) wrote:

>> A: Maybe, and "What's an LLC?" Where in the Internal Revenue
>> Code is an LLC defined?

> The IRC doesn't define an LLC, but every state has a letter
> ruling from the IRS, determining how LLC's are treated under
> the IRC.

Where are these letter rulings? Can I find them at IRS.gov?

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Posted by Stuart Bronstein on August 26, 2007, 3:00 am
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>> The IRC doesn't define an LLC, but every state has a letter
>> ruling from the IRS, determining how LLC's are treated under
>> the IRC.

> Where are these letter rulings? Can I find them at IRS.gov?

There are some there, but I was only able to find very few.
So the ones you are interested in may not be there.

Commerce Clearing House has all private letter rulings
available, indexed and cross-referenced. Check it out at
any law library.

Stu

<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ------------------------------------------------------- >>

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