User Profile: BrandNew | TigerDroppings.com
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Number of Posts:330
Registered on:8/22/2010
Online Status:Not Online

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re: State Retirement $$$ -> Rollover to Roth or Traditional IRA - BrandNew
You might want to consider the Louisiana income tax ramifications. Distributions from most Louisiana and city/parish retirement plans are not subject to Louisiana income tax. However, once you roll it over to an IRA, distributions are subject to Louisiana income tax when distributed from the IRA. ...
Posted on Money Talk
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re: Filing past years tax returns - BrandNew
The IRS can go back forever if you never file a return. If she wants to avoid the case being referred to criminal, she should file before the IRS figures out she hasn't been filing. However, there is no way to guarantee the case won't get referred to criminal. ...
Posted on Money Talk
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re: LLC that is taxed like an S Corp - BrandNew
You only file the 2553. The 8832 is not necessary if filing a 2553. The instructions to the forms are pretty clear, and there is a rev proc too. ...
Posted on Money Talk
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re: Question for the lawyers and CPAs (property to an LLC) - BrandNew
Simonizer is right here. There's a lot of fail in this thread, much like the ORRI thread. Sadly, some of these posters practice law :casty:...
Posted on Money Talk
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re: Business account for LSU season tickets - BrandNew
You need to call TAF. They handle all the priority points and restrictions on transferring them. The athletic office just gets the rankings from TAF for upgrades, etc. You will probably encounter resistance on transferring them because if they allowed it, people could pool points in an LLC to impro...
Posted on Money Talk
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re: Okay guys, I need help. - BrandNew
The lifetime gift and death exclusion amount is 5 million for the time being. Their unified now, so it's one amount you can give during life or leave at death. Do yourself a favor and see an attorney who does estate planning. You will need one to do a revocable "living" trust, which work well in mos...
Posted on Money Talk
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re: Roth 401K - BrandNew
Just make sure you have enough money outside of these retirement accounts. The best thing about Roth accounts is the earnings on growth within the account are never taxed. However, the rules for distributions out of a Roth 401k are more restrictive than for a Roth IRA, preventing withdrawals outside...
Posted on Money Talk
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re: why TAXES may surge next yr........as per yahoo.... - BrandNew
Yeah but they will save on not having to hire a CPA to prepare their return and make sure they got all of these "special interest" tax benefits that are constantly being enacted. ...
Posted on Money Talk
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re: Lawyer Question re: Student Loans - BrandNew
What is the applicable federal rate? This is Jeopardy right?...
Posted on Money Talk
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re: How Many of You Graduated Law School? - BrandNew
I only asked because no BR firms pay associates that much starting out, and the last thing these threads need is more BS. FTR - Blue Williams does not have an office in BR. ETA - I just saw where you responded in the last thread. No worries - Phelps, Kean Miller, TP and the like pay arou...
Posted on O-T Lounge
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re: How Many of You Graduated Law School? - BrandNew
[quote]Elleshoe[/quote] You never said which BR firms were paying your friends 110k starting out. Inquiring minds want to know. ...
Posted on O-T Lounge
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re: Law schools lure fewer students as jobs dry up - BrandNew
[quote]Elle doesn't post links. You are just going to have to trust.[/quote] He sounds like just another ignorant, delusional law school student. They will all be in the top 10 percent and will all have their own practice in 10 years making 6 figures, assuming they don't make 110k starting out at...
Posted on O-T Lounge
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re: Law schools lure fewer students as jobs dry up - BrandNew
[quote] If I got a job at a large firm in BR making ~110k (around what a lot of associates have gotten) [/quote] What firms in BR pay 110k starting out? Your classmates must be blowing smoke out their asses if they are telling you they make that much. ...
Posted on O-T Lounge
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re: What's the difference in an Scorp and LLC? - BrandNew
I believe you mean "What is the difference between a partnership or sole proprietorship and an S Corp?"...
Posted on Money Talk
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re: So who here has heard about their new insurance plan at work? - BrandNew
Or start paying for your own insurance. This farce of having insurance subsidized entirely by employers is why no one knows how expensive healthcare really is. To the OP, I fail to see where you described both options. It seems like you only described the HDHP, which I always the cheapest. It is...
Posted on Money Talk
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re: Louisiana LLC question - BrandNew
Technically there are no officers for an LLC. Instead, the people running the company (akin to directors in a corporation) are the managers if manager-managed or members if member-managed. You can create an officer position through agency/mandate but there are none by default. ...
Posted on Money Talk
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re: JJ will never play another down for lsu football. - BrandNew
Plea of nolo contendre to simple battery anybody? ...
Posted on Tiger Rant
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re: Second Degree Battery - BrandNew
Second degree battery is this: [quote]§34.1. Second degree battery A. Second degree battery is a battery when the offender intentionally inflicts serious bodily injury; however, this provision shall not apply to a medical provider who has obtained the consent of a patient. B. For purposes of...
Posted on Tiger Rant
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re: Soccer People - BR Soccer or YMCA Soccer for children? - BrandNew
Have you ever seen the 4 year olds play soccer? All it is a mass of kids following a ball, kind of like MLS. At that age, it doesn't matter where you play. Once the kids get around age 6, then you should worry about the organization they are playing for. Eta: Soccer snob!...
Posted on Soccer Board
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re: LLC Question - BrandNew
Make sure you get the bank's consent to the transfer if the transfer triggers a default under your mortgage and you want to do it by the book. ...
Posted on Money Talk
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