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Updated about 11 years ago on . Most recent reply
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Anyone use series LLC?
Any of you guys in a state that allows series LLC use them? There is not much info from the IRS on these new entities and I am getting slightly different information from my accountant and attorney. Do you have to have a different bank account and file a separate tax returns for each series? Or just file one for the main LLC and combine all the separate series in one tax return?
Thanks!
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Here is a link from the IRS:
http://www.irs.gov/irb/2010-45_IRB/ar11.html#d0e1531