North Carolina has a statute providing that the manager of an LLC doing business in North Carolina must on behalf of out-of-state members remit to the state the estimated tax obligations of those out-of-state members. A recent decision from a bankruptcy court, In re North Carolina Tobacco International, LLC, Case No. 17-51077, 2020 WL 4582282 […]
October 6, 2020 By Jamila M. Carter Attorney, Stoll Keenon Ogden PLLC (859) 231-3079 jamila.carter@skofirm.com Throughout the COVID-19 crisis, the issuance of several Presidential Proclamations has resulted in ongoing changes to U.S. immigration laws and policies, including several visa bans. Of recent significance is Presidential Proclamation (“P.P.”) 10052 concerning a ban on the issuance of […]
As the November 3 national election approaches, strong political winds are blowing. Government spending continues to far outstrip revenue. This situation has been further aggravated by spending for COVID-19. Further, there may be a general trend toward increasing taxation on businesses, high income earning individuals, and individuals who have accumulated wealth. All of this means […]