Partner Jason D. Navarino will be presenting at a Lawline webinar on "Tax Considerations in Drafting LLC Operating Agreements (Update)" on Friday, December 6, 2019. The webinar will stream live beginning at 11:30 AM EST.
Jason presented on this topic previously for Lawline, and will be addressing several recent changes in the underlying tax law, including under the Tax Cuts and Jobs Act of 2017, and how these changes should be addressed in operating agreements.
His presentation will include the various tax topics that a well-drafted operating agreement should cover, including entity classification for income tax purposes, how to allocate profits and losses in a manner that will be respected by the IRS and potentially benefit the members, tax distributions, withholding and tax reporting obligations, tax issues that arise in the case of transfers, how to deal with audits and tax proceedings, and how to ensure that tax-preferred profits interests are respected as such.
For more information or to register, go to Lawline.
Jason D. Navarino