I am an LLC owner in US. I founded that LLC in 2010, and now an investor is going to acquire 90% of the shares of that LLC. Let's say he acquires it for 10M USD. What will be my total tax...
I founded a startup in late 2008, as a sole proprietorship LLC. I was the only member in the LLC. It stayed that way until August of 2011, less than a year ago, when I added a minority partner to...
I learnt today that if an author assigns copyright of his book to a publisher for a fee, the net revenue is taxed as income, not as capital gains. On the other hand, one would normally think...