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See the Video Recording here: https://us02web.zoom.us/rec/play/9Q4GqrT6g8UTDENkhxbwLwiyp7_AEDBNyHqBNdQ1k0h1IR7FvyyUooaMy9oj27ZhT6MGT07YAxoPfCdn.M8oaA_YwsYDItarN?autoplay=true&startTime=1679501231000
Access the Live Transcript here: https://otter.ai/u/JOeD9O5n8sK8unA4ZlHMpCHujag?utm_source=copy_url
Outline:
-Can you keep your TIN number?
2:12
-What about a reformulation of the formation date?
4:56
-How long does it take to dissolve an LLC?
11:37
-How to change the classification of an entity.
13:26
-How do you report credit to the trust?
20:13
-How do I get the deed to change the name of the trust?
29:34
-What happens with accrued interest on demand notes?
36:10
-The benefit of adding interest to the demand note.
43:09
-How do you keep track of demand notes?
46:20
-The 1041 return and interest expense.
55:26
Why aren’t we reporting the 1099s?
-1:00:30
How do you look at this information?
-1:06:14
Running the numbers right.
-1:14:13
How to avoid tax evasion?
-1:16:38
-Can a trust be used as a conduit for the interest?
1:21:17
See the Video Recording here: https://us02web.zoom.us/rec/play/9Q4GqrT6g8UTDENkhxbwLwiyp7_AEDBNyHqBNdQ1k0h1IR7FvyyUooaMy9oj27ZhT6MGT07YAxoPfCdn.M8oaA_YwsYDItarN?autoplay=true&startTime=1679501231000
Access the Live Transcript here: https://otter.ai/u/JOeD9O5n8sK8unA4ZlHMpCHujag?utm_source=copy_url
Outline:
-Can you keep your TIN number?
2:12
-What about a reformulation of the formation date?
4:56
-How long does it take to dissolve an LLC?
11:37
-How to change the classification of an entity.
13:26
-How do you report credit to the trust?
20:13
-How do I get the deed to change the name of the trust?
29:34
-What happens with accrued interest on demand notes?
36:10
-The benefit of adding interest to the demand note.
43:09
-How do you keep track of demand notes?
46:20
-The 1041 return and interest expense.
55:26
Why aren’t we reporting the 1099s?
-1:00:30
How do you look at this information?
-1:06:14
Running the numbers right.
-1:14:13
How to avoid tax evasion?
-1:16:38
-Can a trust be used as a conduit for the interest?
1:21:17