SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?


To: Brendan W who wrote (702)3/3/1998 7:13:00 PM
From: Dick Smith  Respond to of 5810
 
Limited...

Not in Illinois. "Limited" is one of the magic words, like "Incorporated" or "Company" (or abbreviations thereof) which must be in the name of a corporation to imply that it is a corporation. I imagine that you mustn't use it if you are not a corporation.

Of course, your state may be totally different. This stuff is usually regulated at the state level.

Dick



To: Brendan W who wrote (702)3/3/1998 8:45:00 PM
From: Colin Cody  Read Replies (2) | Respond to of 5810
 
Use of a "ficticious name" is regulated in many places.

Use of the word "limited" or similar is generally required if your personal liability is limited (by a legal buffer between you and others) such as a corporation shield.

Colin



To: Brendan W who wrote (702)3/28/1998 10:41:00 AM
From: Brendan W  Read Replies (2) | Respond to of 5810
 
Answering my own question of a couple months ago... paying Roth IRA conversion taxes over four years is mandated ... there is no option to pay it in 1998.

See Smartmoney ... smartmoney.com