Riker Danzig Corporate and Tax Partner Jason D. Navarino presented on “Tax Considerations in LLC Operating Agreements” to attorneys and other business professionals on March 7, 2025. Sponsored by the American Law Institute Continuing Legal Education, the program explored the critical tax implications that need to be addressed when drafting and negotiating operating agreements for multi-member LLCs. Jason provided insights on key topics including entity classification, allocation and distribution methods, tax aspects of transfers, and strategies for maximizing qualified business income. He discussed essential tax provisions related to withholding, reporting, audits, and the distinction between profits interests and capital interests in compensating service providers.
