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Monthly Archives: December 2015

Phil Jelsma Discusses Recent Changes in LLC Auditing Rules

December 15, 2015 CGS3 IRS

A recent GlobeSt.com article highlights the impact of recent changes in LLC auditing legislation. Specifically, last month, President Obama signed HR 1314, the Bipartisan Budget Act of 2015, a comprehensive bill which—among other things—significantly alters the way partnerships and limited liability companies are audited and taxed by the IRS. In the article, […]

How Haphazardly Created LLCs Can Lead to Trouble

December 2, 2015 CGS3 Entity Formation

A recent Scotsman Guide article highlighting CGS3 partners Phil Jelsma and Gregory Markow, discusses the difficulties that can quickly arise when an LLC is created in a sloppy or careless manner. The article highlights how the creation of a limited liability company can be an effective way to guard personal assets from your […]