#i should make a LW. hm
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purkinje-effect · 2 years ago
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unpopular opinion: fo3 has great concepts and design but it is almost impossible to have the attention span and patience to play the whole thing without modding it
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womaninwinter · 6 months ago
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For The Intruder
7. What inspired the idea for the plot?
16. What was the easiest scene to write?
20. What is something you wish more people noticed about this fic?
26. Wild Card! I'll tell you a fun fact about this fic!
intruder my beloved! You know how all parents are like "i don't have favourite children" and then they lean in and go "but actually..." Well. I don't have favourite fics. But The Intruder is my "but actually..."
7. What inspired the idea for the plot?
Hm. It's been a while so I don't fully remember, but I know I read another fic that involved using the Other Side as a means of time travel, and somehow this got me thinking about using the Other Side to travel between alternate universes. But what it was that made me decide that the difference between these universes should be Lucy being dead, I cannot remember. I also don't know why I decided to make alt-LW half-starved and feral, apart from the obvious reason that I am sicko and it gratifies some part of me that is best left unexamined.
16. What was the easiest scene to write?
This prize goes to two scenes from future chapters, so I cannot share it I'm afraid. However, I will say that one involves Altwood getting a long-overdue hug and the other is him telling the story of what happened in Combe Carey. Which will be insanely angsty and I am so excited for the day when I can finally share it.
20. What is something you wish more people noticed about this fic?
I think I've said this before, but I wish people picked up on the fact that Lockwood's interpretation of Altwood as a threat is legitimate (IMO anyway). He knows himself well enough to know how dangerous he can be when he puts his mind to it (remember TEG? "Some day I'm going to have to kill him"? "I've been holding back until now"?), and he also knows himself well enough to see signs that he's not in control. So yeah, his responses to Altwood aren't just jealousy over Lucy (although that's a big part of it lol) but a genuine awareness of the risk he presents.
26. Wild Card! I'll tell you a fun fact about this fic!
Hhhhuuhhh I'm bad at fun facts. Um, how about I decided to have the gang call Altwood "Anthony" (despite hating the trope where Lucy/anyone other than his parents or Jessica calls him Anthony) because I found it incredibly awkward to write "the other Lockwood" all the time. Or, here's an actual new fun fact: I didn't have a plan originally for why Altwood would hate Quill Kipps, just that their relationship would never have had a chance to warm up if Lockwood's development essentially halted after Combe Carey. But then people started wondering why he was so vehement in his dislike of Kipps so I was like, shoot better come up with a reason, and I now have a very angsty reason for him to hate Kipps. Which I also cannot wait to reveal. Ugh. I miss writing the Intruder.
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galadrielette · 2 years ago
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you know what i want from s3? the show finally leaning into penelope as the bad girl that she is. and i’m not saying bad girl in a fun a way. i’m saying bad girl in a villain way. i mean she just lost her best friend and instead of going ‘hm i think whistledown is not good for my social life maybe i should continue to not write’ she DOUBLES DOWN. she ignores the very real damage she’s done to try and make it seem like eloise is jealous of penelope (projecting much booboo?). 
anyways. i want a season where penelope pulls a cresida. she’s not outwardly mean but the wallflower is definitely gone. she ups her appearance, gives up on the marriage mart after colin’s diss, and hunkers down to become a serious woman of business. the money she’s hoarding (instead of helping her fucking family) is so that she will not have to marry to support herself. she’s given up on love and will not be swayed. 
and then colin comes back from his hot boy summer and we get sexual tension moments with colin desperately trying to win penelope back to his side (not to mention he’s a simp and a sub and totally ready to be beneath her in her new ice queen role) and she’s not having it and i don’t really know where the romance would go tbh but i just want the show to make the LW/penelope dichotomy make sense and actually be entertaining for anyone who does not identify with penelope. 
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shameonmeeguiltypleasure · 2 years ago
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Seducing Mr Bridgerton Chapter 5 Progress Update, Author Rambles & Special Treat:
(Warning of Potential Spoilers)
I think I'm nervous about Chapter 5 because I'm touching on the AU aspects of Colin for this fic. I know I warn y'all in the tags but, it really is easier to just ramp up the tension of canon events.
So far, Colin is ironically coming across as a 'dark and broody hero' (lol). But I guess that's what happens when you live a secret double life that nobody (not even your family) knows about. (#PenelopeCanRelate lmao)
I've probably been chopping and re-writing Chapter 5.... more than 4 times by now. It gets too long then becomes too short. So I'm just as interested as everyone else to see how it ends up.
TBH... I'm still trying to figure out how I want to end the chapter. Am I teasing you guys too much with the tension.... hm.... or should I do it again :P haha.
Book Canon has the kiss in Chapter 9. But Canon Colin is slower on the uptake than my Colin. Actually... I think Penelope is more of the oblivious one in SMB hahaha.
Then again... we're only 5 chapters in and we've yet to even touch on the LW secret, Sir Lee , the kiss, Cressida and the proposal. We're at the point where the rollercoaster starts to climb to the highest point.
You know... I'm curious what you all think Colin gets up to as Sir Lee. I mean I'll be touching on it lightly this chapter, but still interested to hear y'all's theories.
Anyway.
Here's a little treat for anyone interested:
This isn't a deleted scene. It happens in the story, but I decided to cut it out because it took away the focus of the chapter. However, I really loved the way Penelope and Eloise's friendship comes across. When SMB is done, I'll turn it into a series and post this on Ao3 as Extra content. This might have happened because I just finished TSPWL and was reading a lot of modern Polin fics where Penloise's friendship was so strong.
Enjoy :)
If I had to give this scene a vibe it's definitely:
As it was by Harry Styles.
Penelope was oddly amazed at Eloise’s strange dedication to her insane plan. Her favoured Bridgerton had indeed grovelled at her feet in apology for the events of afternoon tea but refused to explain the truth of their not-quite-a-lie. In the end, Penelope needed wine to make peace with Eloise’s mad method of vengeance.
“At least be honest Penelope!” Eloise exploded with frustration. Penelope sent Eloise a wry squint of annoyance in return for her dramatics. Rather than linger at Number 5, the two had instead retreated to the Featherington residence. With both Mrs Featherington and Felicity absent for the evening, it was easier to discuss the chaotic mess Eloise had made.
“I’m trying to, but you’re the one refusing to let me,” Penelope grumbled while sipping from her glass.
Eloise huffed and scrambled to crowd Penelope’s left side of the bed and gripped both sides of her shoulders in earnest. Penelope blinked, a little dazed by Eloise’s rough handling, before marvelling at her talent for not spilling her drink.
“He insulted you! He dared to imply you specifically aren’t worthy of marriage!!”
“Only if the groom is to be him,” Penelope lazily corrected. She was well aware she was rather tipsy, but with the number of times Eloise seemed to remind her of ‘that’ day’s events, she was certain she’d end the night completely drunk.
“Which is why my plan is genius! You’ve given him way too much of yourself throughout the years, so much he’s come to expect it,” Eloise angrily elaborated. Whether her frustration was towards Colin or Penelope, or perhaps both, remained unclear. Penelope snorted into her glass and took another healthy sip. She knew better than to interrupt when Eloise was this stubbornly sure of herself.
“It’s not fair of him to expect it and it’s not right of everyone to ignore it. You’re a beautiful, courageous, and wonderful woman that anyone with a hint of intelligence would know to treasure!! Believe me, if I were a man, I would have married you years before and the both of us would have seen the world.”
Penelope couldn’t hold back the outrageous laughter that escaped her. But Eloise did not join her, instead, her soul-sister stared down at her with frustration. It was enough for Penelope to feel a little more sober and just a little more vulnerable.
“Eloise. I love you, but it’s not your responsibility to solve my problems, nor is it your place to seek vengeance on my behalf. Colin said that years ago and I was a child then who knew nothing beyond the kindness of my best friend’s brother. I promise you. My world did not end the day Colin Bridgerton announced to the world he would never dream of me as his bride.”
The two self-proclaimed soul-sisters observed each other closely. Eloise needed to be sure Penelope was speaking honestly and not lying to her. Penelope needed Eloise to understand that her fondness for Colin would never come between them. Perhaps it was the wine that loosened the tongues of the two women, or the irrational fear they both held towards their futures.
“But Colin’s not the same as he was all those years before. Every time he comes back there’s always something different about him. And it’s not just him, it’s everyone! Anthony, Daphne, Benedict, they’re all different now. Even Francesca all the way in Scotland feels like a stranger to me some days. They’re all changing and I’m still the same.”
Penelope frowned. This would not be the first heartfelt conversation shared between them, but it was the first time Eloise had revealed – perhaps unintentionally – the truth regarding her refusal to wed.
“That’s not true and you know it. None of us is the same as we used to be.” Penelope disagreed but Eloise still looked sceptical. Penelope sat up and to anyone else, the word she uttered might have been bewildering and unrelated to the topic. But to Eloise, it held more meaning than any other word in the oxford dictionary.
“Cherry,” Penelope solemnly announced with determination.
Eloise jolted upright at the word and looked to Penelope anxiously.
“Right now? Why on earth would you – “
“Because we need it, and you know the rules. So, Cherry.”
Eloise looked incredibly out of character with her jittery fingers and her uncertain eyes. But Penelope remained firm and patient as she waited for Eloise to gather her wits. After chugging the rest of her wine, looking well equipped to war against the Queen of England, Eloise nodded her head and uttered her word of consent.
“Blueberry.”
Penelope smiled at Eloise, proud of her soul-sister and the bravery she’d performed. When it came to matters of their ‘Waffle agreement’ Eloise always needed a moment to prepare herself. There were plenty of discussions had between the two friends throughout their years of friendship. But after one particular discussion – regarding a secret, in which feelings were hurt and cruel words were exchanged, the waffle agreement was established.
Anything discussed during the waffle agreement was to be forgotten once the closing word was uttered. One could evoke the ongoings of the ‘waffle agreement’ if the participants chosen word of consent was used. The waffle agreement was not to be initiated if both participants don’t voice their consent.
Penelope made sure she was still holding Eloise’s hand when she next spoke.
“I’m thinking of putting down my pen for good this time…..”
She ignored Eloise’s sharp inhale and the tightening of her grip around her hand. They both knew what Penelope was referring to, the secret only the two of them knew.
“But your work! Penelope writing is your – “
“It still is but I’m…. I’m so tired of living in the shadows when there is something more waiting for me. Perhaps I’m just being greedy but it’s not enough…. She’s not enough.” Penelope softly whispered.
Eloise said nothing but when it became clear, that Penelope had nothing else to add, her words came out in a trembling whisper.
“I want to find love. I want to be loved not simply because I am a woman of worth but because I am myself. I don’t wish to change, but I yearn to grow with someone who wishes the same for me.”
Penelope will blame the wine for the teary glaze in her eyes, and Eloise will surely do the same. But the two women clung to each other and shared their secret inner fears and woes until their hearts felt lighter and their minds clearer. With a sniffled laugh, Penelope grinned at Eloise with teasing in her eyes.
“You know…. If I were a man, I would have been the first to propose between us.” She said.
Eloise laughed and the both of them giggled shamelessly about how their courtship would have developed had one of them been born male. Once their giggling and joking settled, they simultaneously uttered the word to end their ‘waffle agreement’ and pretended no such discussion had been made.
“So will you leave me to my fun, my favourite and dearest friend?” Eloise pestered with a bright grin.
Penelope sighed, knowing she should not encourage Eloise’s antics. But she was warm both in body and heart, feeling blissfully light and above all else loved by her favoured Bridgerton. What else could she do but resignedly give her permission for Eloise’s scheme to continue? Eloise’s cackling laughter of victory could rival a villainess, but Penelope always did have a soft heart for the wicked in fairy tales. 
“And are you certain you don’t wish to know any more of my plans?” Eloise checked for the fifth time before leaving.
Penelope sighed as she waved her friend along.
“What good will it do for me? You’d do as you please regardless of me knowing or not,” Penelope grumbled fondly.
Eloise grinned and hugged her friend tightly.
“I promise to buy Hyacinth’s silence about today and to stop any talk of Marcus’s proposal from spreading beyond my family,” Eloise promised.
With that, the fifth-born Bridgerton went on her merry way, looking light in heart and devious in mind. Two days later, Penelope would regret not asking after her favoured Bridgerton’s plans, but until then she continued her day in ignorant bliss.
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thank you @henbased for tagging me in a wip wednesday meme *checks watch* four weeks and a day ago. it’s twip thursday!!! and i am finally back working on fill holes with more cement, my charon/m!lw modern college au, where trying to get into shithole college bars gives way to Adam and Charon getting tangled up in the seedy underbelly of DC. (Oh wait edit I realized I should also tag people for twip thursday as well. uhhhhhhh. @ficfucker @the-localwildlife… can I tag you back @henbased uhh. @everyone )
By the time they’ve made it through the hallway into the Ninth Circle, Ahzrukhal is nowhere to be seen, and the only person there seems to be a teenager struggling with the soda gun over the wrong edge of the bar, precariously balanced on a stool just to be able to reach. Even Adam can see the obvious kink in the hose.
“This bar is a piece of shit.” The teen loudly complains.
“Myron.” Charon bristles. “You’re doing it wrong.”
“Whatever.” Nuka sloshes over the edge of his highball glass; it takes Myron more than a moment to notice, and when he does, he scowls and flings the gun away. It hits the bar top with a crack that makes Adam wince. Charon grumbles out a few swears under his breath.
It’s not subtle, but it’s so fluid that Adam would have missed it otherwise: Myron raising a palm to his mouth, his throat working, followed by a quick chug of his drink. He nods at Adam without acknowledgement. “Just bring him to our office.”
“Ahzrukhal’s office.” Charon corrects.
Myron only sneers in return.
Adam watches Myron’s back disappear down the hallway, the door at the end swinging closed behind him. He sucks in a deep breath, shoving his hands into the pockets of his windbreaker before stepping forward—
Charon’s hand wraps around his forearm.
His grip is firm, solid enough to anchor him in place. “Don’t drink anything he hands you.”
Adam’s so caught off-guard it takes him a moment to register his words, blinking up at him. “What?”
Looking at Charon right now feels like— like he’s not supposed to see this expression on his face. Charon’s face is not open; he is raw, a quiet grief crinkling in the corners of his eyes. His voice scratches out in a pleading hush: “Be cautious. Don’t drink anything Myron hands you. Either of them.”
Adam swallows around something thick in his throat.
He squeezes his forearm fleetingly, and his face snaps back to neutral as he pulls away and settles into position. Behind him, Ahzrukhal’s long casted shadow spooks Adam just as much as the pointed, phlegmy clearing of his throat.
Adam whirls around.
Ahzrukhal smiles his salesman best. “Is he bothering you?”
Adam’s mouth snaps shut. He shakes his head, and Ahzrukhal’s smile widens, stretching across his cheeks. His ghoulified skin creases in ways human skin does not. “Good. Now, it’s best not to keep people waiting, hm? Not polite, is it?”
His eyes have not left Charon once.
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akane171 · 2 years ago
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Haha, yeah, seems like it😅🙈 Again, sorry!🙈 (Btw, I told LW this a bunch of times, but not sure if I told ever you, so if I ever DO get annoying on sth, feel free to just tell me to shut up😂🙈)
Yuup, she sucks big time... Now she even started erasing my messages to you😖😫😰😭
12k People??😶😶 What the heck, that's like just two streets...Okay, I'm exxagerating, but wow, that's really not a lot😅😅🙈 Well then it really is a miracle🙈🙈😅
Ah yes, understandably, tho the stressful exam seasons are really not fun for anyone ever😅
Ohh, if it made me able to writw like Stephen King, I wouldn't even think twice before running off to get possessed😉😁🤣
Eh, wait, what? Who's "they"? 😅🙈
HAHAHAHAHA okay, cake hole🤣 Hmm, yum, cake😋
Dunno, probably?😂 just thought it was funny you started listing curses too cause it made me think of that which then made me read your curses to the rhythm of drums😂😂🙈🤷🏻‍♀️
👍🏻😂
...They made him make Nia breakfast and try to be the perfect bf?🤨 Okay, yeah, that just screams of that meme with the "Can I copy your homework? Sure, just change it a bit"😅🤦🏻‍♀️ And well, glad about him not be in Kara's LI but disregarding his intellect seems pretty ridiculous considering it's a mjaor part of his character😅🤦🏻‍♀️🤦🏻‍♀️🙈
Hm, true, or that, tho that'd be even worse cause what the heck, the show is literally titled after Kara🤦🏻‍♀️🤦🏻‍♀️😅
She should have just gotten to be Kara Zor-el, too, NOT just Kara Danvers, Supergirl, Superman 2.0😅🙈😖
I love the idea🤣🤣 Ohh, the others as teacher too? Sounds great!😍 Tho, Lex as headmaster? Oh god, the poor kids😅🙈 Well, Sam could also be the Economics teacher?🤔 William maybe Creative writing (Oh, or Nia could be this)?🤔🤔  The idea really sounds like fun tho!😁  I'm still laughing at bad pick-up lines🤣🤣🙈 Btw, I just realized Mon could totally quote Shakespeare's "the brightness of her eyes would shame those stars" to Kara without it being too weird in this AU🤣🤣 Oh, oh, or either could compare the two of them to the stylistic device "antithesis"🤣  Oh, oh, or or compare their feelings to Schroedinger's cat🤣🤣 (Sorry, my brain is really running off on its own the moment I think of this AU and pick-up lines😅😅)
Oh god, Cat and Max fighting over Supergirl and Valor is very amusing but also kinda horrifying 😅 But awww, that's a good solution on Kara and Mon's part🤣🤣😂😂😁
Still, sorry!🙈🙈
PS: Yeah... I suppose my answer to your question might soon change to "not breathing anymore"😅😉😂🙈
PS2: Yess, exactly that look!😍😍 It just fit him perfectly 🤷🏻‍♀️😂🙈 Well, he's definitely good-looking,  that we can agree on😂🤷🏻‍♀️ Lucky both dir having found the "perfect partner at game night" who's also aesthetically pleasing in each other😉😁
You too!😊
XXX
And vice versa!
Seriously, the TUMBLR should chill the hell out :/
...two str... where the fuck do you live? And I lied a little, becasue my town yes, has 12k citizens, but I live 1.5 km away form it, where we have 10 houses and like 35 people living here xD But I have forest 50 meters away, no crowds, animals, no shops and peace and quiet (minus fucking birds screaming HELLO at freaking 5am every morning) xD
Yeah, exams suck, no arguments here.
...go away. APAGE
Priests. You know teh old dudes who are wearing dresses, pink color and laces, usually have no families and say how real men should behave.
Cakes are awesomeeeeeeeeeeeeeeeeeeeeee and now i want some.
...God, what am I now? A rap songs writer? D:
Yes, they fucking did and I was soooooooo ANNOYED. Like, create some original love story for your characters, without stealing the shit, ok? The same went for William who baked cake and cookies for Kara... like.... ugh, fuck you writers.
I lost whole respect for him when he used the Lena's advice for "putting feelings into boxes". Jesus Christ, they loved to lick her ass and made her corrupt every character with her bullshit
Ohh, it was not changed to Luthorgirl in the end??? *sarcasm*
Her story should have been her journey for allowing herself to be both, balancing her two identities, not throing away her heritage and become humanity's ass kisser while throwing away her alien side. The way they handled her getting back her mom and dad and then just be like BYEEEEEEE, was a blasphemy and no can change my mind.
Yes, Lex as a headmaster becasue we need dramas and villains and we can always kick him out :P the same goes for Lobotomizer. Lol, Kara woul die from laughter after hearing it.
I KNOW! It could be hilarious. Imagine Max suspiciously asking Mon-El where he was, because there was some eartquake and he couldn't have contacted him and Mon-El being a little frustrated and saying he was there, checking if someone needed help and in reality yes, he was there with Kara and being the main cause of the earthqueke, because YA KNOW, superaliens sex xDDDDD
Dooooooooooooooooooon't beeeeeeeeeeeeeeeeeeeee, that's life on tumblr xD
PS HUE HUE HUE
PS 2 I'm just happy they found each other and both are happy and hot, becasue this is what they deserve <3
Likewise! And I'm going to be a puddle of tears, because Rafa Nadal is playing the final on Roland Garros and no matter how it will end I will cry no matter what xD
Have a nice Sunday!
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little-miss-dwarf · 6 years ago
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13.11.18
So it’s like half eleven and a Tuesday night - but who needs sleep? ...Me on a morning, but this is night-time-me and night-time-me doesn’t care about morning-me’s feelings.
As I’m sure future me remembers, Halloween over the holidays didn’t go so well. I thought I looked pretty good actually, maybe even pretty for once. My hair suited the veil that I’d picked up in boots, my makeup went well, the stitches tattoo around my neck and wrists looked cool, my cobweb tights were amazing and they didn’t rip. I liked the way I could pull my long coat (the ‘grim reaper’ one) in at the waist, and my skirt went out a bit as well so it made like an hourglass and gave the impression I had a decent body shape.
It was awkward when I first got there - like really awkward - but I got used to it after a while and I just remember LW shaving his legs in P’s floor whilst she did AJ’s hooker makeup and then everyone pouring fake blood over their faces, dripping down their necks and smudged all over their arms. We all looked amazing and I was having fun. We went out then, and we got to the cemetery but everyone agreed it’d be disrespectful to go in there so we headed into town.
On the way into town was where we got egged. They only threw a few of them, but they pelted them from across the street so they had to use quite a bit of force. Me being the idiot I am, had to be the one that was hit... I knew it would be me. It covered my face and one side of my hair and splattered all over my coat too... it was dripping. It was fucking humiliating... I ended up in the McDonald’s disabled toilet scraping dried egg off my face with HM.
AD’s dad rescued me from **** later on... after LW and P’s bf ran through the fountains in their boxers and they pulled out the smirnoff and carling. My phone was on 3%, Halloween isn’t a safe night to be out and I didn’t wanna get drunk in public at night where I’m vulnerable. I’m honestly so fucking grateful they came out to get me... thank you so much...
We went to two firework displays this year. One was at ****** Cricket club and they didn’t but the safety barriers far back enough so the fireworks were so close it was probably a health and safety risk. I could taste the fireworks, and I’m not actually joking some bits landed on my face and in my mouth. AD bought a lightsaber and was fighting my siblings tho so that was funny.
We also went to the one at ******** and managed to get a really good spot considering we got there a couple minutes before they started. They were good but I always end up thinking about how much they cost and where that money could be better spent. Fireworks just don’t feel the same anymore.
Coming back to school after the half term has been alright I suppose. I’m not dead yet. I suppose I’m actually getting back on top of things again. Says the person who’s left their chemistry homework for tomorrow morning. ANYWAY. I’m trying to keep up in art. I spent an entire night organising my sketchbook since I’ve been putting it off. I’m really pleased with it. I need to make a list of things I wanna buy for my project tho, including actual glue (to please AD) and lots of string.
I did really shit in my Biology and Physics tests yesterday because I completely forgot to revise... like at all. I know, with a few keywords I have quite a good memory when it comes to tests but I’m still not gonna do great at all. I’m also pretty shit at Physics. I don’t understand half of it, thanks Mr G.
Me AD and AL went to watch the RSC Comedy of Errors tonight with my mum and AD’s dad and honestly it was amazing. They’re so confident, like in the way they speak and swift in the way they move. They have so much energy. It looks like so much fun, and I imagine it is but I know it’s a lot of hard work too. I loved the way they had the people who weren’t acting doing music in the background and when the guy playing Antiphulus and Dromio of Syracuse stepped down to take some of the kids monster much and haribos on the front row.
Can’t believe AD missed the guy fortnite dancing at the end tho. He was the same guy who decided to sing part of his lines in the tune of “Keke, do you love me” much to our amusement and my mums confusion. There was also a bit where you could tell they were over exaggerating what they’re supposed to do and improvising because the girl playing Adrianna was laughing. Antiphulus and Dromio of Syracuse were amazing - not to mention I liked their accents a lot.
Anyway. I’m on medication now, but it’s only 10mg a day so it’s not really gonna do anything. I know she was rabbiting on about “you have to actually try to implement CBT strategies too”. I know, but the medication should help me be able to do that. If it’s not then it’s not. Mom wants them to increase the dose because I’m... eXTRA dePRESSED :D
Things are difficult at the moment, but I’m trying... I’m far too aware of everything that I’m doing... it’s really humiliating. Not to mention, I just... hate my body... so fucking much. Hopefully no will be seeing it for a while... unfortunately I have to though... everyday.
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lost-and-still-wandering · 6 years ago
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05.10.18
(I’m referring to my friends by initials)
I’m writing this post again and I’m pissed. It deleted everything I fucking wrote. I just, ugh kill me. Basically what I was saying was how pissed my mums been at me. She was annoyed tonight at me for walking in at twenty past nine when apparently I’m supposed to be home at eight. Which, by the way, has never been a rule. I’ve been coming home at this time for like at least a year. I get a lift and it’s a Friday, it’s before she goes to bed and after she puts the kids to bed. Why is it a problem?
I can’t say anything to her about that because I just don’t know where to start. Then she starts raising her voice and I just lose all the fragments of communication ability I had and forget completely everything I wanted to say. She doesn’t listen at all. She was also mad at me for telling her I didn’t wanna do Grit and Rock again this year and then got more mad when I didn’t tell her it was my own choice and implied more that I was advised to. Maybe I didn’t say that because you’d be disappointed in me even though I’m trying to look after myself by removing pressure and allowing me to do the things that I want to do.
Now that I realise though, Duke of Edinburgh.. I’m gonna have to find another skill and physical to do since I’m not doing Grit and Rock. Fuck.
On another note, my PE teacher told my tutor I’d had a panic attack in PE playing football (football ptsd). Yeah MY TUTOR. AD helped me through the panic attack tho and impressed Miss as she probably didn’t think him capable of emotion since he just exclaims he’s “lost the will to live” and rolls around on the floor.
My tutor said we’ll talk about it Monday and I was tempted to say, “How about we, uh, don’t? Because you’re just gonna get frustrated at me because you don’t understand what I’m trying to say even though you’re the one involving yourself in business that’s not yours to start with..”
Talking about AD, I’m never really away from him anymore. He’s just comfortable. Ironically, when we were walking out of sirs classroom today he said, “Revision AD, remember evidence in your book, two pages minimum.” then looked to me and was like, “Rebecca keep him in check.” Was funny.
I was with him tonight and he was curled up into me watching the one off Sherlock film, Abominable Bride, because he didn’t wanna look when they digged through her grave. He’s definitely not prepared for the mindfuck that is Series 4 of Sherlock lemme tell you though. No one can be.
I remember the English Enrichment on Tuesday, we were doing those storyboards and making jokes about this confusing Shakespeare play about all these sets of twins. I made a joke about Jeremy Kyle and miss found it funny. Miss found AD’s storyboard entertaining too and actually encouraged him to use “boi” in every sentence.
I went to Chess Club with AD, AL and KuS today at lunch and it was an experience. KuS is apparently a polish national champion at chess. I always thought he was taking the piss but I can tell he wasn’t. I got my ass kicked in like five minutes. AD and AL were playing and dying of hysterical laughter in the corner as AD made up fake rules and moves and called the pieces stupid names (probably using the word boi).
We had an argument about AL’s garlic bread in the dining hall and I called KuS a piece of garlic bread as a spur of the moment meme and it mananged to blossom into an inappropriate joke about giving him a blowjob -_- So his name is now Garlic Bread in my phone and I’m emotionally traumatised.
Me and WC have been joking around occasionally after not speaking last week. I don’t see him much around school because I’m always somewhere else at lunch now. He’s texted me in lesson a few times from the back of the classroom with minecraft parodies or jokes about AD’s moist hands and pissed around w me in English Lit across the table.
Me and LW have been having some good bants laughs behind DT on a morning whilst KaS is attacked by him or listens to Slipknot at full blast in his earphones. I swear him and HM are gonna be actually deaf in a few years. LW got annoyed when I said I hadn’t seen Nightmare Before Christmas and now I think hes bringing it round tomorrow and KaS is coming here. We would’ve gone to KaS’ house but he says his mums being pissy (she’s a bitch but he’s probably lying).
I should probably get some sleep so I can shower in the morning, clean up and straighten my hair whilst KaS is here waiting for LW. He better come I don’t wanna be stuck with KaS. It never ends well... never. I don’t want that again.
1 note · View note
imthepunchlord · 7 years ago
Text
Me Rewatching ML: Puppeteer
I want Adrien to hear Marinette playing Chat Noir when they’re playing with dolls with Manon XD
I wonder how many of her items she has in her room Marinette made herself. The fabric of her chair I can see her making, apple blossom is like one of Marinette’s signatures and her favorite flower. Her mannequin she likely made since it has her signature. The rug I can see the possibility of her making since it matches a color scheme that she likes. 
The next big question: what can Marinette not make?
FRECKLES.
I wonder if Manon wears her hair in pigtails because of Marinette? I bet she did. 
SABINE SO SMOL. Nadja just towers over her. 
Marinette tells Manon she can play with both, only gives her the LB doll. And when LB doll ripped, lets Manon have Lady Wifi, not the other hero. She wasn’t inclined to give up Chat Noir. I stand that Marinette was up to part from Chat.
Pretty much HM this opening speech: “Children throwing tantrums. I love it!” 
Alya, the ultimate wingwoman, making sure her ship sails. 
And Marinette reaches for her ear and holds it. I wonder if that’s a habit she does when flustered/excited; kinda like how Adrien rubs the back of his neck when sheepish and flustered. 
What is the name of the black haired boy in a white shirt, who Marinette encounters quite a bit? Who are you? I think I’ve seen people call him Justin Extra?  
I wonder just how fast an akuma can fly. I’m sure pretty fast since if a Butterfly is in trouble, or there is trouble, a Butterfly needs help ASAP; so the little butterflies should move quickly to that desired hero. Unfortunately this now makes fast villains. 
HM seems to have some experience with children, is very good at encouraging and appealing to Manon. That’s probably the gentlest I’ve ever heard him talk to a victim. 
Manon has to be dramatic all the time. 
Lmao, love Marinette’s sneak out of sight.
So Puppeteer has full control of what the dolls do and say; no independent thought or action from Lady Wifi at all. 
It’s really funny watching LW having a tantrum and angrily saying “Mommy said no!” 
Adrien and Plagg sneak away from the Gorilla, and it’s evidently a challenge with Plagg declaring that they had just snuck away from him. And according to French dub, Plagg does have a fondness for buttery popcorn, and was looking forward to seeing a movie. Wasn’t it confirmed that he does like to watch tv? I think it was. 
Oh so close!
I love the detail that when Marinette talks she’s in constant motion, even now her arms just move about. 
So according to a poster, Gabriel’s fashion line is called Butterfly instead of Gabriel, and the text below Butterfly is too small for me to read. This could hint to the possibility of Gabe being HM, or to Mama being the previous Butterfly and Gabriel named his fashion line after her, with her being his muse. I’m inclined for the latter, cause HM found the brooch recently at the start of Origins, the start of the year, but Gabe’s fashion line Butterfly/Gabriel has been around for a while, at least it feels like it to me. 
So Ladybug can call anyone on her yo-yo, not just Chat. I wonder if that’s restricted to Marinette knowing them or not. 
Poor Plagg. Adrien made him drop a chunk of Camembert, I bet it was left there forgotten. 
There is one kid in Paris for sure who thinks Rogorcop is cool. His mom does not agree. 
And really ML, kudos to you for having multiracial families. 
LB checks Chat out this episode. 
LB regrets hitting Chat with her yo-yo. Like, really, where did that idea that she doesn’t adore Chat come from??
This ep has to be the happiest I’ve seen HM. He’s having a blast with Manon as his villain of the day. HM is good with kids, ish. I can see him in the trope of villainous dad who genuinely loves his kid, but is also a super bad influence too. 
 Lady Wifi is the fastest of Puppeteer’s puppets, with Chat Noir a close 2nd. 
BYE CHAT.
Goddman LB can throw. 
She really does whistle her own theme song.
15, Tikki slides out in view to give Marinette a wink. Manon could have seen her. 
Aaaaaw, they go see the panther from Animan. I’m going to hc it was Marinette who thought of going to see the big black cat ;3
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alexishenderson409-blog · 7 years ago
Text
just what is an limited liability company?
An LLC, r limitd liability mn, i a type f business structure. Whn you frm an LLC, u gt the bnfit f -thrugh taxation lik youd hv with a l rritrhi r partnership lng with th limitd libilit f a rrtin. Fr m buin owners, its the best of bth worlds rviding imliit nd rttin.
Wht D LLC Stand Fr?
LLC Stands for Limited Liability Company.
Wht Does LLC Mean?
LLC mn limitd liability mn, whih is a t of business trutur tht rtt the wnr from th liabilities f the business.
Hw Does an LLC Work?
An LLC operates with features frm bth corporations and l proprietorships r rtnrhi. It i a -thrugh ntit fr tax ur, mning th buin doesnt fil a rt tx return. Even though an LLC i gnrll ir to n and manage than a traditional corporation, thr are till rtin ruirmnt. Th requirements include th rtil of organization and th operating grmnt. Yu huld work with a buin lawyer to create and fil bth of these important dumnt.
Tumblr media
Th Artil f Orgniztin
The articles of rgniztin tblih th mn a rl, legal company. It l outlines wh th wnr and mngr are as well the rgitrd gnt. Thi document l describes wht th business is in brd trm.
The Orting Agrmnt
Yu huld hk with ur tt nd if an rting agreement i required b lw r nt. If it nt, u huld till draft n because it will help ur buin futur operations. The operating grmnt dtil th members rnibiliti and duti. It l brk dwn th rntg f wnrhi, transfer f intrt, hw th company m b dilvd, nd th itl ntributin ruirmnt. Th transfer f interests is rtiulrl imrtnt bu it dictates how mmbr can be ddd t r rmvd frm th LLC. When it comes to ling dwn the business nd dilving th LLC, th operating agreement i ntil. It will tt hw the t huld b dividd, hw mntin wrk fr any dbt th mmbr gurntd, nd how itl contributions should b rturnd. To ut it simply, t rt withut n rting agreement is nt nl flih, but it could u a lot f rblm in the future.
Cn I Start an LLC in An Stt?
Yu n trt n LLC in n state. Hwvr, in most , u huld start n LLC in ur hm tt to v mn and prevent rgitrtin a frign LLC. Thr are m situations in which it makes mr sense for u t trt n LLC in a state thr thn ur home tt. You huld consult with a business lwr t determine if it mk sense fr you t start n LLC in any state thr thn ur home state.
Wht is a Singl Mmbr LLC?
A ingl member LLC is n LLC that has only n mmbr. Thi huldnt b confused with a sole rritrhi tht int treated as a rt ntit. While a ingl member LLC i rt from it wnr, it is uull trtd as a disregarded ntit fr inm tx purposes, mning u file taxes fr th LLC on your rnl rturn. Sm tt dnt llw th frmtin f a ingl mmbr LLC, so u huld check with ur tt lw to if thi i even an option. In some cases, u may think hing a spouse i a good id t avoid a ingl member LLC. Yu huld knw tht the IRS nd th urt will likely till consider u a ingl member. If you did t frm a single mmbr LLC, it ritil tht u k the business rt frm yourself. This means detailed rrd nd finn tht dnt intrtwin with ur wn. Youll l wnt t keep detailed mting minut nd n mjr diin u make.
LLC Prtnrhi Agrmnt
An LLC rtnrhi agreement is another name fr an operating grmnt fr multi-member LLC. It tblih mmbrhi, h mmbr right and rnibiliti, nd rviin fr running the company. Thr r m tt tht dnt ruir an LLC partnership agreement, but it nt mthing u should skip if u wnt your buin t run mthl. Sm f th mt imrtnt things t include in n LLC rting grmnt r:
Diin mking responsibilities. Yur dumnt huld utlin hw diin r md (is it a unnimu vt r a percentage?), whn ll members huld b invlvd in decisions, and wh h the responsibility (nd hw much) of mking diin.
Capital contribution. Thi tin tt hw muh h rn ntribut to trt th buin. Th section huld l diu wht hn if th business dnt hv nugh mn in th future.
Slri nd ditributin. Yu huld if whn mmbr n tk mn ut of th buin nd if mmbr are rid fr th investments they mk int th business.
Death nd disability. Wht hn if a mmbr di or bm dibld? Yur wn rnl trusts and will huld if thi, but it a gd id to put it int th grmnt. In m tt, the LLC dissolves un a mmbr death, so you huld hk th lw of your tt.
Dilutin. Your grmnt huld tell how the buin n b dilvd in the futur. Thi i lld ur xit trtg nd h rtnr should nidr what th wnt in th vnt tht th dnt wnt t participate in the buin nmr.
Wh Strt n LLC?
Individul choose to trt n LLC bu it n ir way t form a legitimate, rt buin and it provides rttin fr its wnr. Starting an LLC i a rnl diin, but it is a ulr hi bu it t trt and maintain. LLCs ruir l rwrk t trt thn a traditional rrtin and th r ir to mng. In most cases, n LLC fil tx a pass-through ntit intd of a rt rrtin. Thi means tht members can fil thir buin tx n thir rnl tx rturn intd f a separate filing. In dditin t requiring l rwrk to gt started, LLC ruir l rwrk nd work in gnrl to k your LLC mlint with the law. Strting n LLC is a great hi if u want t frm a mr legitimate business, but dnt want th hl of forming nd king u with a rrtin.
Hw D Yu Bm an LLC?
Yu can bm n LLC b choosing a nm fr ur business, filing specific documents, paying th ruird f, rting n rting agreement, btining n EIN, nd ling fr n necessary rmit and licenses. A buin lawyer n help u thrugh h step of th process to mk sure u r mlint with all lw and ruirmnt.
I an LLC a Partnership?
An LLC can b a rtnrhi with a multi-mmbr rting grmnt. Fr inm tx purposes, an LLC with at least tw mmbr i considered a partnership. If u dnt wnt t b a rtnrhi, you mut fil Frm 8832 nd lt t b trtd a corporation. A ingl mmbr LLC int a rtnrhi, but a disregarded entity fr tx ur unless Frm 8832 i filed. T be trtd a rtnrhi whn ur a multi-mmbr LLC, u dont hv t d nthing. A rtnrhi i th dfult lifitin. If you bgin ur LLC a partnership and ltr want to change t b trtd a rrtin, you n fil th m Form 8832 t change ur classification.
What i Partnership LLC?
A partnership LLC i n LLC with at lt tw mmbr tht hasnt elected to be trtd a rrtin. A rtnrhi LLC is th dfult state fr n LLC with tw r more mmbr. Th LLC n h to b treated as a rrtin b filing Frm 8832. Whn it comes t taxes, a rtnrhi LLC follows the same rul a trditinl partnership. Th LLC should file Frm 1065, whih i th U.S. Rturn f Prtnrhi Income. Additinll, h wnr will use Schedule K-1 t hw their hr f th LLC.
I n LLC a Crrtin?
An LLC n b a corporation if it fil Frm 8832 t elect to b treated as a corporation. B dfult, n multi-mmbr LLC is nidrd a partnership. T b nidrd a corporation, th LLC should fil Frm 8832. Th frm can b fild t th trtu f the LLC r t a later dt whn th LLC wnt to change it ntit t. Once an LLC is nidrd a corporation, they must fllw trditinl corporation tx lw.
Is an LLC a C Crrtin?
In rdr fr an LLC t b a C Corporation, mmbr mut fil Frm 8832 to be treated as a rrtin nd lt to b a C Crrtin tht fil a Form 1120 t fil income taxes.
I an LLC n S Crrtin?
In order fr n LLC t b an S Crrtin, mmbr mut fil Frm 8832 tht mk th buin a rrtin nd then choose to be trtd as an S Corporation and fil Frm 1120S for inm tx.
I it Better to b n LLC r n S Crrtin?
Whether it is better t be n LLC or n S Crrtin is a rnl decision tht vri bd n ur wn uniu irumtn. LLC nd S Corps hv mn things in common:
Both hv limitd libilit rttin for it wnr
Bth are rt legal ntiti
Bth r usually thrugh tx ntiti, but n S Cr has to fil a buin tx rturn in ll .
Bth have to follow rtin tt ruirmnt upon frmtin and nging thrughut the lif f th buin.
While thr r several imilriti btwn n LLC v n S Crrtin, thr are l big diffrn tht huld b considered.
Ownrhi
S r n hv no mr thn 100 owners/shareholders while n LLC i unlimitd. Additinll, S corps ruir that wnr b U.S. itizn while nn-U.S. citizens n be in an LLC. S rrtin m not b owned by thr rrtin, LLC, rtnrhi, nd mt trut. LLC d nt have th m limitations. LLC r l allowed t hv unrestricted ubidiri.
Mngmnt
LLC n hv wnr mng the LLC or lt t hv mngr mng th LLC. If the LLC is mmbr mngd, it rt a lt lik a rtnrhi. If it i mngr mngd, owners rnt involved in d to d diin. S Crrtin hv ffir nd dirtr whil LLCs do not. The brd f directors in an S Cr vr th buin and hndl mjr diin. Th officers, wh are ltd b th brd, mng dil buin activities.
Exitn
Sm states ruir that LLC xir with a dilutin date listed n their frmtin dumnt. Additinll, if a mmbr dies r lv the LLC, th LLC may be required t dilv in rtin tt.
Trnfrring Ownrhi
LLC ownership nt trnfr frl without th rvl from other mmbr. Whil S Corps n frl trnfr stock long it meets the IRS restrictions.
Slf-Emlmnt Taxes
An S Cr m hv a better lf-mlmnt tx itutin because n owner n be trtd as an ml nd rn a salary. FICA tx r id n the salary munt and n dditinl corporate rning could b treated unrnd inm, thu viding lf-mlmnt tx.
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edgar15meurer-blog · 7 years ago
Text
exactly what is an LLC?
An LLC, r limitd liability mn, i a type f business structure. Whn you frm an LLC, u gt the bnfit f -thrugh taxation lik youd hv with a l rritrhi r partnership lng with th limitd libilit f a rrtin. Fr m buin owners, its the best of bth worlds rviding imliit nd rttin.
Wht D LLC Stand Fr?
LLC Stands for Limited Liability Company.
Wht Does LLC Mean?
LLC mn limitd liability mn, whih is a t of business trutur tht rtt the wnr from th liabilities f the business.
Hw Does an LLC Work?
An LLC operates with features frm bth corporations and l proprietorships r rtnrhi. It i a -thrugh ntit fr tax ur, mning th buin doesnt fil a rt tx return. Even though an LLC i gnrll ir to n and manage than a traditional corporation, thr are till rtin ruirmnt. Th requirements include th rtil of organization and th operating grmnt. Yu huld work with a buin lawyer to create and fil bth of these important dumnt.
Tumblr media
Th Artil f Orgniztin
The articles of rgniztin tblih th mn a rl, legal company. It l outlines wh th wnr and mngr are as well the rgitrd gnt. Thi document l describes wht th business is in brd trm.
The Orting Agrmnt
Yu huld hk with ur tt nd if an rting agreement i required b lw r nt. If it nt, u huld till draft n because it will help ur buin futur operations. The operating grmnt dtil th members rnibiliti and duti. It l brk dwn th rntg f wnrhi, transfer f intrt, hw th company m b dilvd, nd th itl ntributin ruirmnt. Th transfer f interests is rtiulrl imrtnt bu it dictates how mmbr can be ddd t r rmvd frm th LLC. When it comes to ling dwn the business nd dilving th LLC, th operating agreement i ntil. It will tt hw the t huld b dividd, hw mntin wrk fr any dbt th mmbr gurntd, nd how itl contributions should b rturnd. To ut it simply, t rt withut n rting agreement is nt nl flih, but it could u a lot f rblm in the future.
Cn I Start an LLC in An Stt?
Yu n trt n LLC in n state. Hwvr, in most , u huld start n LLC in ur hm tt to v mn and prevent rgitrtin a frign LLC. Thr are m situations in which it makes mr sense for u t trt n LLC in a state thr thn ur home tt. You huld consult with a business lwr t determine if it mk sense fr you t start n LLC in any state thr thn ur home state.
Wht is a Singl Mmbr LLC?
A ingl member LLC is n LLC that has only n mmbr. Thi huldnt b confused with a sole rritrhi tht int treated as a rt ntit. While a ingl member LLC i rt from it wnr, it is uull trtd as a disregarded ntit fr inm tx purposes, mning u file taxes fr th LLC on your rnl rturn. Sm tt dnt llw th frmtin f a ingl mmbr LLC, so u huld check with ur tt lw to if thi i even an option. In some cases, u may think hing a spouse i a good id t avoid a ingl member LLC. Yu huld knw tht the IRS nd th urt will likely till consider u a ingl member. If you did t frm a single mmbr LLC, it ritil tht u k the business rt frm yourself. This means detailed rrd nd finn tht dnt intrtwin with ur wn. Youll l wnt t keep detailed mting minut nd n mjr diin u make.
LLC Prtnrhi Agrmnt
An LLC rtnrhi agreement is another name fr an operating grmnt fr multi-member LLC. It tblih mmbrhi, h mmbr right and rnibiliti, nd rviin fr running the company. Thr r m tt tht dnt ruir an LLC partnership agreement, but it nt mthing u should skip if u wnt your buin t run mthl. Sm f th mt imrtnt things t include in n LLC rting grmnt r:
Diin mking responsibilities. Yur dumnt huld utlin hw diin r md (is it a unnimu vt r a percentage?), whn ll members huld b invlvd in decisions, and wh h the responsibility (nd hw much) of mking diin.
Capital contribution. Thi tin tt hw muh h rn ntribut to trt th buin. Th section huld l diu wht hn if th business dnt hv nugh mn in th future.
Slri nd ditributin. Yu huld if whn mmbr n tk mn ut of th buin nd if mmbr are rid fr th investments they mk int th business.
Death nd disability. Wht hn if a mmbr di or bm dibld? Yur wn rnl trusts and will huld if thi, but it a gd id to put it int th grmnt. In m tt, the LLC dissolves un a mmbr death, so you huld hk th lw of your tt.
Dilutin. Your grmnt huld tell how the buin n b dilvd in the futur. Thi i lld ur xit trtg nd h rtnr should nidr what th wnt in th vnt tht th dnt wnt t participate in the buin nmr.
Wh Strt n LLC?
Individul choose to trt n LLC bu it n ir way t form a legitimate, rt buin and it provides rttin fr its wnr. Starting an LLC i a rnl diin, but it is a ulr hi bu it t trt and maintain. LLCs ruir l rwrk t trt thn a traditional rrtin and th r ir to mng. In most cases, n LLC fil tx a pass-through ntit intd of a rt rrtin. Thi means tht members can fil thir buin tx n thir rnl tx rturn intd f a separate filing. In dditin t requiring l rwrk to gt started, LLC ruir l rwrk nd work in gnrl to k your LLC mlint with the law. Strting n LLC is a great hi if u want t frm a mr legitimate business, but dnt want th hl of forming nd king u with a rrtin.
Hw D Yu Bm an LLC?
Yu can bm n LLC b choosing a nm fr ur business, filing specific documents, paying th ruird f, rting n rting agreement, btining n EIN, nd ling fr n necessary rmit and licenses. A buin lawyer n help u thrugh h step of th process to mk sure u r mlint with all lw and ruirmnt.
I an LLC a Partnership?
An LLC can b a rtnrhi with a multi-mmbr rting grmnt. Fr inm tx purposes, an LLC with at least tw mmbr i considered a partnership. If u dnt wnt t b a rtnrhi, you mut fil Frm 8832 nd lt t b trtd a corporation. A ingl mmbr LLC int a rtnrhi, but a disregarded entity fr tx ur unless Frm 8832 i filed. T be trtd a rtnrhi whn ur a multi-mmbr LLC, u dont hv t d nthing. A rtnrhi i th dfult lifitin. If you bgin ur LLC a partnership and ltr want to change t b trtd a rrtin, you n fil th m Form 8832 t change ur classification.
What i Partnership LLC?
A partnership LLC i n LLC with at lt tw mmbr tht hasnt elected to be trtd a rrtin. A rtnrhi LLC is th dfult state fr n LLC with tw r more mmbr. Th LLC n h to b treated as a rrtin b filing Frm 8832. Whn it comes t taxes, a rtnrhi LLC follows the same rul a trditinl partnership. Th LLC should file Frm 1065, whih i th U.S. Rturn f Prtnrhi Income. Additinll, h wnr will use Schedule K-1 t hw their hr f th LLC.
I n LLC a Crrtin?
An LLC n b a corporation if it fil Frm 8832 t elect to b treated as a corporation. B dfult, n multi-mmbr LLC is nidrd a partnership. T b nidrd a corporation, th LLC should fil Frm 8832. Th frm can b fild t th trtu f the LLC r t a later dt whn th LLC wnt to change it ntit t. Once an LLC is nidrd a corporation, they must fllw trditinl corporation tx lw.
Is an LLC a C Crrtin?
In rdr fr an LLC t b a C Corporation, mmbr mut fil Frm 8832 to be treated as a rrtin nd lt to b a C Crrtin tht fil a Form 1120 t fil income taxes.
I an LLC n S Crrtin?
In order fr n LLC t b an S Crrtin, mmbr mut fil Frm 8832 tht mk th buin a rrtin nd then choose to be trtd as an S Corporation and fil Frm 1120S for inm tx.
I it Better to b n LLC r n S Crrtin?
Whether it is better t be n LLC or n S Crrtin is a rnl decision tht vri bd n ur wn uniu irumtn. LLC nd S Corps hv mn things in common:
Both hv limitd libilit rttin for it wnr
Bth are rt legal ntiti
Bth r usually thrugh tx ntiti, but n S Cr has to fil a buin tx rturn in ll .
Bth have to follow rtin tt ruirmnt upon frmtin and nging thrughut the lif f th buin.
While thr r several imilriti btwn n LLC v n S Crrtin, thr are l big diffrn tht huld b considered.
Ownrhi
S r n hv no mr thn 100 owners/shareholders while n LLC i unlimitd. Additinll, S corps ruir that wnr b U.S. itizn while nn-U.S. citizens n be in an LLC. S rrtin m not b owned by thr rrtin, LLC, rtnrhi, nd mt trut. LLC d nt have th m limitations. LLC r l allowed t hv unrestricted ubidiri.
Mngmnt
LLC n hv wnr mng the LLC or lt t hv mngr mng th LLC. If the LLC is mmbr mngd, it rt a lt lik a rtnrhi. If it i mngr mngd, owners rnt involved in d to d diin. S Crrtin hv ffir nd dirtr whil LLCs do not. The brd f directors in an S Cr vr th buin and hndl mjr diin. Th officers, wh are ltd b th brd, mng dil buin activities.
Exitn
Sm states ruir that LLC xir with a dilutin date listed n their frmtin dumnt. Additinll, if a mmbr dies r lv the LLC, th LLC may be required t dilv in rtin tt.
Trnfrring Ownrhi
LLC ownership nt trnfr frl without th rvl from other mmbr. Whil S Corps n frl trnfr stock long it meets the IRS restrictions.
Slf-Emlmnt Taxes
An S Cr m hv a better lf-mlmnt tx itutin because n owner n be trtd as an ml nd rn a salary. FICA tx r id n the salary munt and n dditinl corporate rning could b treated unrnd inm, thu viding lf-mlmnt tx.
Free Consultation with a Utah Business Lawyer
If you are here, you probably have a business law issue you need help with, call Ascent Law for your free business law consultation (801) 676-5506. We want to help you.
Tumblr media
Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506
Ascent Law LLC
4.7 stars - based on 45 reviews
Helpful Business Law Articles
Business Lawyer in Utah How to Incorporate without a SSN First Steps in Starting a Divorce Action Business Lawyers Business Law Services Trusts Relation to a Business Business Law Report What Areas of Business Law do you Handle? Source: http://www.ascentlawfirm.com/what-is-an-llc/
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0 notes
charlescaskey22-blog · 7 years ago
Text
exactly what is an LLC?
An LLC, r limitd liability mn, i a type f business structure. Whn you frm an LLC, u gt the bnfit f -thrugh taxation lik youd hv with a l rritrhi r partnership lng with th limitd libilit f a rrtin. Fr m buin owners, its the best of bth worlds rviding imliit nd rttin.
Wht D LLC Stand Fr?
LLC Stands for Limited Liability Company.
Wht Does LLC Mean?
LLC mn limitd liability mn, whih is a t of business trutur tht rtt the wnr from th liabilities f the business.
Hw Does an LLC Work?
An LLC operates with features frm bth corporations and l proprietorships r rtnrhi. It i a -thrugh ntit fr tax ur, mning th buin doesnt fil a rt tx return. Even though an LLC i gnrll ir to n and manage than a traditional corporation, thr are till rtin ruirmnt. Th requirements include th rtil of organization and th operating grmnt. Yu huld work with a buin lawyer to create and fil bth of these important dumnt.
Tumblr media
Th Artil f Orgniztin
The articles of rgniztin tblih th mn a rl, legal company. It l outlines wh th wnr and mngr are as well the rgitrd gnt. Thi document l describes wht th business is in brd trm.
The Orting Agrmnt
Yu huld hk with ur tt nd if an rting agreement i required b lw r nt. If it nt, u huld till draft n because it will help ur buin futur operations. The operating grmnt dtil th members rnibiliti and duti. It l brk dwn th rntg f wnrhi, transfer f intrt, hw th company m b dilvd, nd th itl ntributin ruirmnt. Th transfer f interests is rtiulrl imrtnt bu it dictates how mmbr can be ddd t r rmvd frm th LLC. When it comes to ling dwn the business nd dilving th LLC, th operating agreement i ntil. It will tt hw the t huld b dividd, hw mntin wrk fr any dbt th mmbr gurntd, nd how itl contributions should b rturnd. To ut it simply, t rt withut n rting agreement is nt nl flih, but it could u a lot f rblm in the future.
Cn I Start an LLC in An Stt?
Yu n trt n LLC in n state. Hwvr, in most , u huld start n LLC in ur hm tt to v mn and prevent rgitrtin a frign LLC. Thr are m situations in which it makes mr sense for u t trt n LLC in a state thr thn ur home tt. You huld consult with a business lwr t determine if it mk sense fr you t start n LLC in any state thr thn ur home state.
Wht is a Singl Mmbr LLC?
A ingl member LLC is n LLC that has only n mmbr. Thi huldnt b confused with a sole rritrhi tht int treated as a rt ntit. While a ingl member LLC i rt from it wnr, it is uull trtd as a disregarded ntit fr inm tx purposes, mning u file taxes fr th LLC on your rnl rturn. Sm tt dnt llw th frmtin f a ingl mmbr LLC, so u huld check with ur tt lw to if thi i even an option. In some cases, u may think hing a spouse i a good id t avoid a ingl member LLC. Yu huld knw tht the IRS nd th urt will likely till consider u a ingl member. If you did t frm a single mmbr LLC, it ritil tht u k the business rt frm yourself. This means detailed rrd nd finn tht dnt intrtwin with ur wn. Youll l wnt t keep detailed mting minut nd n mjr diin u make.
LLC Prtnrhi Agrmnt
An LLC rtnrhi agreement is another name fr an operating grmnt fr multi-member LLC. It tblih mmbrhi, h mmbr right and rnibiliti, nd rviin fr running the company. Thr r m tt tht dnt ruir an LLC partnership agreement, but it nt mthing u should skip if u wnt your buin t run mthl. Sm f th mt imrtnt things t include in n LLC rting grmnt r:
Diin mking responsibilities. Yur dumnt huld utlin hw diin r md (is it a unnimu vt r a percentage?), whn ll members huld b invlvd in decisions, and wh h the responsibility (nd hw much) of mking diin.
Capital contribution. Thi tin tt hw muh h rn ntribut to trt th buin. Th section huld l diu wht hn if th business dnt hv nugh mn in th future.
Slri nd ditributin. Yu huld if whn mmbr n tk mn ut of th buin nd if mmbr are rid fr th investments they mk int th business.
Death nd disability. Wht hn if a mmbr di or bm dibld? Yur wn rnl trusts and will huld if thi, but it a gd id to put it int th grmnt. In m tt, the LLC dissolves un a mmbr death, so you huld hk th lw of your tt.
Dilutin. Your grmnt huld tell how the buin n b dilvd in the futur. Thi i lld ur xit trtg nd h rtnr should nidr what th wnt in th vnt tht th dnt wnt t participate in the buin nmr.
Wh Strt n LLC?
Individul choose to trt n LLC bu it n ir way t form a legitimate, rt buin and it provides rttin fr its wnr. Starting an LLC i a rnl diin, but it is a ulr hi bu it t trt and maintain. LLCs ruir l rwrk t trt thn a traditional rrtin and th r ir to mng. In most cases, n LLC fil tx a pass-through ntit intd of a rt rrtin. Thi means tht members can fil thir buin tx n thir rnl tx rturn intd f a separate filing. In dditin t requiring l rwrk to gt started, LLC ruir l rwrk nd work in gnrl to k your LLC mlint with the law. Strting n LLC is a great hi if u want t frm a mr legitimate business, but dnt want th hl of forming nd king u with a rrtin.
Hw D Yu Bm an LLC?
Yu can bm n LLC b choosing a nm fr ur business, filing specific documents, paying th ruird f, rting n rting agreement, btining n EIN, nd ling fr n necessary rmit and licenses. A buin lawyer n help u thrugh h step of th process to mk sure u r mlint with all lw and ruirmnt.
I an LLC a Partnership?
An LLC can b a rtnrhi with a multi-mmbr rting grmnt. Fr inm tx purposes, an LLC with at least tw mmbr i considered a partnership. If u dnt wnt t b a rtnrhi, you mut fil Frm 8832 nd lt t b trtd a corporation. A ingl mmbr LLC int a rtnrhi, but a disregarded entity fr tx ur unless Frm 8832 i filed. T be trtd a rtnrhi whn ur a multi-mmbr LLC, u dont hv t d nthing. A rtnrhi i th dfult lifitin. If you bgin ur LLC a partnership and ltr want to change t b trtd a rrtin, you n fil th m Form 8832 t change ur classification.
What i Partnership LLC?
A partnership LLC i n LLC with at lt tw mmbr tht hasnt elected to be trtd a rrtin. A rtnrhi LLC is th dfult state fr n LLC with tw r more mmbr. Th LLC n h to b treated as a rrtin b filing Frm 8832. Whn it comes t taxes, a rtnrhi LLC follows the same rul a trditinl partnership. Th LLC should file Frm 1065, whih i th U.S. Rturn f Prtnrhi Income. Additinll, h wnr will use Schedule K-1 t hw their hr f th LLC.
I n LLC a Crrtin?
An LLC n b a corporation if it fil Frm 8832 t elect to b treated as a corporation. B dfult, n multi-mmbr LLC is nidrd a partnership. T b nidrd a corporation, th LLC should fil Frm 8832. Th frm can b fild t th trtu f the LLC r t a later dt whn th LLC wnt to change it ntit t. Once an LLC is nidrd a corporation, they must fllw trditinl corporation tx lw.
Is an LLC a C Crrtin?
In rdr fr an LLC t b a C Corporation, mmbr mut fil Frm 8832 to be treated as a rrtin nd lt to b a C Crrtin tht fil a Form 1120 t fil income taxes.
I an LLC n S Crrtin?
In order fr n LLC t b an S Crrtin, mmbr mut fil Frm 8832 tht mk th buin a rrtin nd then choose to be trtd as an S Corporation and fil Frm 1120S for inm tx.
I it Better to b n LLC r n S Crrtin?
Whether it is better t be n LLC or n S Crrtin is a rnl decision tht vri bd n ur wn uniu irumtn. LLC nd S Corps hv mn things in common:
Both hv limitd libilit rttin for it wnr
Bth are rt legal ntiti
Bth r usually thrugh tx ntiti, but n S Cr has to fil a buin tx rturn in ll .
Bth have to follow rtin tt ruirmnt upon frmtin and nging thrughut the lif f th buin.
While thr r several imilriti btwn n LLC v n S Crrtin, thr are l big diffrn tht huld b considered.
Ownrhi
S r n hv no mr thn 100 owners/shareholders while n LLC i unlimitd. Additinll, S corps ruir that wnr b U.S. itizn while nn-U.S. citizens n be in an LLC. S rrtin m not b owned by thr rrtin, LLC, rtnrhi, nd mt trut. LLC d nt have th m limitations. LLC r l allowed t hv unrestricted ubidiri.
Mngmnt
LLC n hv wnr mng the LLC or lt t hv mngr mng th LLC. If the LLC is mmbr mngd, it rt a lt lik a rtnrhi. If it i mngr mngd, owners rnt involved in d to d diin. S Crrtin hv ffir nd dirtr whil LLCs do not. The brd f directors in an S Cr vr th buin and hndl mjr diin. Th officers, wh are ltd b th brd, mng dil buin activities.
Exitn
Sm states ruir that LLC xir with a dilutin date listed n their frmtin dumnt. Additinll, if a mmbr dies r lv the LLC, th LLC may be required t dilv in rtin tt.
Trnfrring Ownrhi
LLC ownership nt trnfr frl without th rvl from other mmbr. Whil S Corps n frl trnfr stock long it meets the IRS restrictions.
Slf-Emlmnt Taxes
An S Cr m hv a better lf-mlmnt tx itutin because n owner n be trtd as an ml nd rn a salary. FICA tx r id n the salary munt and n dditinl corporate rning could b treated unrnd inm, thu viding lf-mlmnt tx.
Free Consultation with a Utah Business Lawyer
If you are here, you probably have a business law issue you need help with, call Ascent Law for your free business law consultation (801) 676-5506. We want to help you.
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Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506
Ascent Law LLC
4.7 stars - based on 45 reviews
Helpful Business Law Articles
Business Lawyer in Utah How to Incorporate without a SSN First Steps in Starting a Divorce Action Business Lawyers Business Law Services Trusts Relation to a Business Business Law Report What Areas of Business Law do you Handle? Source: http://www.ascentlawfirm.com/what-is-an-llc/
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0 notes
josejhaney7-blog · 7 years ago
Text
exactly what is an LLC?
An LLC, r limitd liability mn, i a type f business structure. Whn you frm an LLC, u gt the bnfit f -thrugh taxation lik youd hv with a l rritrhi r partnership lng with th limitd libilit f a rrtin. Fr m buin owners, its the best of bth worlds rviding imliit nd rttin.
Wht D LLC Stand Fr?
LLC Stands for Limited Liability Company.
Wht Does LLC Mean?
LLC mn limitd liability mn, whih is a t of business trutur tht rtt the wnr from th liabilities f the business.
Hw Does an LLC Work?
An LLC operates with features frm bth corporations and l proprietorships r rtnrhi. It i a -thrugh ntit fr tax ur, mning th buin doesnt fil a rt tx return. Even though an LLC i gnrll ir to n and manage than a traditional corporation, thr are till rtin ruirmnt. Th requirements include th rtil of organization and th operating grmnt. Yu huld work with a buin lawyer to create and fil bth of these important dumnt.
Tumblr media
Th Artil f Orgniztin
The articles of rgniztin tblih th mn a rl, legal company. It l outlines wh th wnr and mngr are as well the rgitrd gnt. Thi document l describes wht th business is in brd trm.
The Orting Agrmnt
Yu huld hk with ur tt nd if an rting agreement i required b lw r nt. If it nt, u huld till draft n because it will help ur buin futur operations. The operating grmnt dtil th members rnibiliti and duti. It l brk dwn th rntg f wnrhi, transfer f intrt, hw th company m b dilvd, nd th itl ntributin ruirmnt. Th transfer f interests is rtiulrl imrtnt bu it dictates how mmbr can be ddd t r rmvd frm th LLC. When it comes to ling dwn the business nd dilving th LLC, th operating agreement i ntil. It will tt hw the t huld b dividd, hw mntin wrk fr any dbt th mmbr gurntd, nd how itl contributions should b rturnd. To ut it simply, t rt withut n rting agreement is nt nl flih, but it could u a lot f rblm in the future.
Cn I Start an LLC in An Stt?
Yu n trt n LLC in n state. Hwvr, in most , u huld start n LLC in ur hm tt to v mn and prevent rgitrtin a frign LLC. Thr are m situations in which it makes mr sense for u t trt n LLC in a state thr thn ur home tt. You huld consult with a business lwr t determine if it mk sense fr you t start n LLC in any state thr thn ur home state.
Wht is a Singl Mmbr LLC?
A ingl member LLC is n LLC that has only n mmbr. Thi huldnt b confused with a sole rritrhi tht int treated as a rt ntit. While a ingl member LLC i rt from it wnr, it is uull trtd as a disregarded ntit fr inm tx purposes, mning u file taxes fr th LLC on your rnl rturn. Sm tt dnt llw th frmtin f a ingl mmbr LLC, so u huld check with ur tt lw to if thi i even an option. In some cases, u may think hing a spouse i a good id t avoid a ingl member LLC. Yu huld knw tht the IRS nd th urt will likely till consider u a ingl member. If you did t frm a single mmbr LLC, it ritil tht u k the business rt frm yourself. This means detailed rrd nd finn tht dnt intrtwin with ur wn. Youll l wnt t keep detailed mting minut nd n mjr diin u make.
LLC Prtnrhi Agrmnt
An LLC rtnrhi agreement is another name fr an operating grmnt fr multi-member LLC. It tblih mmbrhi, h mmbr right and rnibiliti, nd rviin fr running the company. Thr r m tt tht dnt ruir an LLC partnership agreement, but it nt mthing u should skip if u wnt your buin t run mthl. Sm f th mt imrtnt things t include in n LLC rting grmnt r:
Diin mking responsibilities. Yur dumnt huld utlin hw diin r md (is it a unnimu vt r a percentage?), whn ll members huld b invlvd in decisions, and wh h the responsibility (nd hw much) of mking diin.
Capital contribution. Thi tin tt hw muh h rn ntribut to trt th buin. Th section huld l diu wht hn if th business dnt hv nugh mn in th future.
Slri nd ditributin. Yu huld if whn mmbr n tk mn ut of th buin nd if mmbr are rid fr th investments they mk int th business.
Death nd disability. Wht hn if a mmbr di or bm dibld? Yur wn rnl trusts and will huld if thi, but it a gd id to put it int th grmnt. In m tt, the LLC dissolves un a mmbr death, so you huld hk th lw of your tt.
Dilutin. Your grmnt huld tell how the buin n b dilvd in the futur. Thi i lld ur xit trtg nd h rtnr should nidr what th wnt in th vnt tht th dnt wnt t participate in the buin nmr.
Wh Strt n LLC?
Individul choose to trt n LLC bu it n ir way t form a legitimate, rt buin and it provides rttin fr its wnr. Starting an LLC i a rnl diin, but it is a ulr hi bu it t trt and maintain. LLCs ruir l rwrk t trt thn a traditional rrtin and th r ir to mng. In most cases, n LLC fil tx a pass-through ntit intd of a rt rrtin. Thi means tht members can fil thir buin tx n thir rnl tx rturn intd f a separate filing. In dditin t requiring l rwrk to gt started, LLC ruir l rwrk nd work in gnrl to k your LLC mlint with the law. Strting n LLC is a great hi if u want t frm a mr legitimate business, but dnt want th hl of forming nd king u with a rrtin.
Hw D Yu Bm an LLC?
Yu can bm n LLC b choosing a nm fr ur business, filing specific documents, paying th ruird f, rting n rting agreement, btining n EIN, nd ling fr n necessary rmit and licenses. A buin lawyer n help u thrugh h step of th process to mk sure u r mlint with all lw and ruirmnt.
I an LLC a Partnership?
An LLC can b a rtnrhi with a multi-mmbr rting grmnt. Fr inm tx purposes, an LLC with at least tw mmbr i considered a partnership. If u dnt wnt t b a rtnrhi, you mut fil Frm 8832 nd lt t b trtd a corporation. A ingl mmbr LLC int a rtnrhi, but a disregarded entity fr tx ur unless Frm 8832 i filed. T be trtd a rtnrhi whn ur a multi-mmbr LLC, u dont hv t d nthing. A rtnrhi i th dfult lifitin. If you bgin ur LLC a partnership and ltr want to change t b trtd a rrtin, you n fil th m Form 8832 t change ur classification.
What i Partnership LLC?
A partnership LLC i n LLC with at lt tw mmbr tht hasnt elected to be trtd a rrtin. A rtnrhi LLC is th dfult state fr n LLC with tw r more mmbr. Th LLC n h to b treated as a rrtin b filing Frm 8832. Whn it comes t taxes, a rtnrhi LLC follows the same rul a trditinl partnership. Th LLC should file Frm 1065, whih i th U.S. Rturn f Prtnrhi Income. Additinll, h wnr will use Schedule K-1 t hw their hr f th LLC.
I n LLC a Crrtin?
An LLC n b a corporation if it fil Frm 8832 t elect to b treated as a corporation. B dfult, n multi-mmbr LLC is nidrd a partnership. T b nidrd a corporation, th LLC should fil Frm 8832. Th frm can b fild t th trtu f the LLC r t a later dt whn th LLC wnt to change it ntit t. Once an LLC is nidrd a corporation, they must fllw trditinl corporation tx lw.
Is an LLC a C Crrtin?
In rdr fr an LLC t b a C Corporation, mmbr mut fil Frm 8832 to be treated as a rrtin nd lt to b a C Crrtin tht fil a Form 1120 t fil income taxes.
I an LLC n S Crrtin?
In order fr n LLC t b an S Crrtin, mmbr mut fil Frm 8832 tht mk th buin a rrtin nd then choose to be trtd as an S Corporation and fil Frm 1120S for inm tx.
I it Better to b n LLC r n S Crrtin?
Whether it is better t be n LLC or n S Crrtin is a rnl decision tht vri bd n ur wn uniu irumtn. LLC nd S Corps hv mn things in common:
Both hv limitd libilit rttin for it wnr
Bth are rt legal ntiti
Bth r usually thrugh tx ntiti, but n S Cr has to fil a buin tx rturn in ll .
Bth have to follow rtin tt ruirmnt upon frmtin and nging thrughut the lif f th buin.
While thr r several imilriti btwn n LLC v n S Crrtin, thr are l big diffrn tht huld b considered.
Ownrhi
S r n hv no mr thn 100 owners/shareholders while n LLC i unlimitd. Additinll, S corps ruir that wnr b U.S. itizn while nn-U.S. citizens n be in an LLC. S rrtin m not b owned by thr rrtin, LLC, rtnrhi, nd mt trut. LLC d nt have th m limitations. LLC r l allowed t hv unrestricted ubidiri.
Mngmnt
LLC n hv wnr mng the LLC or lt t hv mngr mng th LLC. If the LLC is mmbr mngd, it rt a lt lik a rtnrhi. If it i mngr mngd, owners rnt involved in d to d diin. S Crrtin hv ffir nd dirtr whil LLCs do not. The brd f directors in an S Cr vr th buin and hndl mjr diin. Th officers, wh are ltd b th brd, mng dil buin activities.
Exitn
Sm states ruir that LLC xir with a dilutin date listed n their frmtin dumnt. Additinll, if a mmbr dies r lv the LLC, th LLC may be required t dilv in rtin tt.
Trnfrring Ownrhi
LLC ownership nt trnfr frl without th rvl from other mmbr. Whil S Corps n frl trnfr stock long it meets the IRS restrictions.
Slf-Emlmnt Taxes
An S Cr m hv a better lf-mlmnt tx itutin because n owner n be trtd as an ml nd rn a salary. FICA tx r id n the salary munt and n dditinl corporate rning could b treated unrnd inm, thu viding lf-mlmnt tx.
Free Consultation with a Utah Business Lawyer
If you are here, you probably have a business law issue you need help with, call Ascent Law for your free business law consultation (801) 676-5506. We want to help you.
Tumblr media
Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506
Ascent Law LLC
4.7 stars - based on 45 reviews
Helpful Business Law Articles
Business Lawyer in Utah How to Incorporate without a SSN First Steps in Starting a Divorce Action Business Lawyers Business Law Services Trusts Relation to a Business Business Law Report What Areas of Business Law do you Handle? Source: http://www.ascentlawfirm.com/what-is-an-llc/
Tumblr media
0 notes
ronald2tripp-blog · 7 years ago
Text
exactly what is an limited liability company?
An LLC, r limitd liability mn, i a type f business structure. Whn you frm an LLC, u gt the bnfit f -thrugh taxation lik youd hv with a l rritrhi r partnership lng with th limitd libilit f a rrtin. Fr m buin owners, its the best of bth worlds rviding imliit nd rttin.
Wht D LLC Stand Fr?
LLC Stands for Limited Liability Company.
Wht Does LLC Mean?
LLC mn limitd liability mn, whih is a t of business trutur tht rtt the wnr from th liabilities f the business.
Hw Does an LLC Work?
An LLC operates with features frm bth corporations and l proprietorships r rtnrhi. It i a -thrugh ntit fr tax ur, mning th buin doesnt fil a rt tx return. Even though an LLC i gnrll ir to n and manage than a traditional corporation, thr are till rtin ruirmnt. Th requirements include th rtil of organization and th operating grmnt. Yu huld work with a buin lawyer to create and fil bth of these important dumnt.
Tumblr media
Th Artil f Orgniztin
The articles of rgniztin tblih th mn a rl, legal company. It l outlines wh th wnr and mngr are as well the rgitrd gnt. Thi document l describes wht th business is in brd trm.
The Orting Agrmnt
Yu huld hk with ur tt nd if an rting agreement i required b lw r nt. If it nt, u huld till draft n because it will help ur buin futur operations. The operating grmnt dtil th members rnibiliti and duti. It l brk dwn th rntg f wnrhi, transfer f intrt, hw th company m b dilvd, nd th itl ntributin ruirmnt. Th transfer f interests is rtiulrl imrtnt bu it dictates how mmbr can be ddd t r rmvd frm th LLC. When it comes to ling dwn the business nd dilving th LLC, th operating agreement i ntil. It will tt hw the t huld b dividd, hw mntin wrk fr any dbt th mmbr gurntd, nd how itl contributions should b rturnd. To ut it simply, t rt withut n rting agreement is nt nl flih, but it could u a lot f rblm in the future.
Cn I Start an LLC in An Stt?
Yu n trt n LLC in n state. Hwvr, in most , u huld start n LLC in ur hm tt to v mn and prevent rgitrtin a frign LLC. Thr are m situations in which it makes mr sense for u t trt n LLC in a state thr thn ur home tt. You huld consult with a business lwr t determine if it mk sense fr you t start n LLC in any state thr thn ur home state.
Wht is a Singl Mmbr LLC?
A ingl member LLC is n LLC that has only n mmbr. Thi huldnt b confused with a sole rritrhi tht int treated as a rt ntit. While a ingl member LLC i rt from it wnr, it is uull trtd as a disregarded ntit fr inm tx purposes, mning u file taxes fr th LLC on your rnl rturn. Sm tt dnt llw th frmtin f a ingl mmbr LLC, so u huld check with ur tt lw to if thi i even an option. In some cases, u may think hing a spouse i a good id t avoid a ingl member LLC. Yu huld knw tht the IRS nd th urt will likely till consider u a ingl member. If you did t frm a single mmbr LLC, it ritil tht u k the business rt frm yourself. This means detailed rrd nd finn tht dnt intrtwin with ur wn. Youll l wnt t keep detailed mting minut nd n mjr diin u make.
LLC Prtnrhi Agrmnt
An LLC rtnrhi agreement is another name fr an operating grmnt fr multi-member LLC. It tblih mmbrhi, h mmbr right and rnibiliti, nd rviin fr running the company. Thr r m tt tht dnt ruir an LLC partnership agreement, but it nt mthing u should skip if u wnt your buin t run mthl. Sm f th mt imrtnt things t include in n LLC rting grmnt r:
Diin mking responsibilities. Yur dumnt huld utlin hw diin r md (is it a unnimu vt r a percentage?), whn ll members huld b invlvd in decisions, and wh h the responsibility (nd hw much) of mking diin.
Capital contribution. Thi tin tt hw muh h rn ntribut to trt th buin. Th section huld l diu wht hn if th business dnt hv nugh mn in th future.
Slri nd ditributin. Yu huld if whn mmbr n tk mn ut of th buin nd if mmbr are rid fr th investments they mk int th business.
Death nd disability. Wht hn if a mmbr di or bm dibld? Yur wn rnl trusts and will huld if thi, but it a gd id to put it int th grmnt. In m tt, the LLC dissolves un a mmbr death, so you huld hk th lw of your tt.
Dilutin. Your grmnt huld tell how the buin n b dilvd in the futur. Thi i lld ur xit trtg nd h rtnr should nidr what th wnt in th vnt tht th dnt wnt t participate in the buin nmr.
Wh Strt n LLC?
Individul choose to trt n LLC bu it n ir way t form a legitimate, rt buin and it provides rttin fr its wnr. Starting an LLC i a rnl diin, but it is a ulr hi bu it t trt and maintain. LLCs ruir l rwrk t trt thn a traditional rrtin and th r ir to mng. In most cases, n LLC fil tx a pass-through ntit intd of a rt rrtin. Thi means tht members can fil thir buin tx n thir rnl tx rturn intd f a separate filing. In dditin t requiring l rwrk to gt started, LLC ruir l rwrk nd work in gnrl to k your LLC mlint with the law. Strting n LLC is a great hi if u want t frm a mr legitimate business, but dnt want th hl of forming nd king u with a rrtin.
Hw D Yu Bm an LLC?
Yu can bm n LLC b choosing a nm fr ur business, filing specific documents, paying th ruird f, rting n rting agreement, btining n EIN, nd ling fr n necessary rmit and licenses. A buin lawyer n help u thrugh h step of th process to mk sure u r mlint with all lw and ruirmnt.
I an LLC a Partnership?
An LLC can b a rtnrhi with a multi-mmbr rting grmnt. Fr inm tx purposes, an LLC with at least tw mmbr i considered a partnership. If u dnt wnt t b a rtnrhi, you mut fil Frm 8832 nd lt t b trtd a corporation. A ingl mmbr LLC int a rtnrhi, but a disregarded entity fr tx ur unless Frm 8832 i filed. T be trtd a rtnrhi whn ur a multi-mmbr LLC, u dont hv t d nthing. A rtnrhi i th dfult lifitin. If you bgin ur LLC a partnership and ltr want to change t b trtd a rrtin, you n fil th m Form 8832 t change ur classification.
What i Partnership LLC?
A partnership LLC i n LLC with at lt tw mmbr tht hasnt elected to be trtd a rrtin. A rtnrhi LLC is th dfult state fr n LLC with tw r more mmbr. Th LLC n h to b treated as a rrtin b filing Frm 8832. Whn it comes t taxes, a rtnrhi LLC follows the same rul a trditinl partnership. Th LLC should file Frm 1065, whih i th U.S. Rturn f Prtnrhi Income. Additinll, h wnr will use Schedule K-1 t hw their hr f th LLC.
I n LLC a Crrtin?
An LLC n b a corporation if it fil Frm 8832 t elect to b treated as a corporation. B dfult, n multi-mmbr LLC is nidrd a partnership. T b nidrd a corporation, th LLC should fil Frm 8832. Th frm can b fild t th trtu f the LLC r t a later dt whn th LLC wnt to change it ntit t. Once an LLC is nidrd a corporation, they must fllw trditinl corporation tx lw.
Is an LLC a C Crrtin?
In rdr fr an LLC t b a C Corporation, mmbr mut fil Frm 8832 to be treated as a rrtin nd lt to b a C Crrtin tht fil a Form 1120 t fil income taxes.
I an LLC n S Crrtin?
In order fr n LLC t b an S Crrtin, mmbr mut fil Frm 8832 tht mk th buin a rrtin nd then choose to be trtd as an S Corporation and fil Frm 1120S for inm tx.
I it Better to b n LLC r n S Crrtin?
Whether it is better t be n LLC or n S Crrtin is a rnl decision tht vri bd n ur wn uniu irumtn. LLC nd S Corps hv mn things in common:
Both hv limitd libilit rttin for it wnr
Bth are rt legal ntiti
Bth r usually thrugh tx ntiti, but n S Cr has to fil a buin tx rturn in ll .
Bth have to follow rtin tt ruirmnt upon frmtin and nging thrughut the lif f th buin.
While thr r several imilriti btwn n LLC v n S Crrtin, thr are l big diffrn tht huld b considered.
Ownrhi
S r n hv no mr thn 100 owners/shareholders while n LLC i unlimitd. Additinll, S corps ruir that wnr b U.S. itizn while nn-U.S. citizens n be in an LLC. S rrtin m not b owned by thr rrtin, LLC, rtnrhi, nd mt trut. LLC d nt have th m limitations. LLC r l allowed t hv unrestricted ubidiri.
Mngmnt
LLC n hv wnr mng the LLC or lt t hv mngr mng th LLC. If the LLC is mmbr mngd, it rt a lt lik a rtnrhi. If it i mngr mngd, owners rnt involved in d to d diin. S Crrtin hv ffir nd dirtr whil LLCs do not. The brd f directors in an S Cr vr th buin and hndl mjr diin. Th officers, wh are ltd b th brd, mng dil buin activities.
Exitn
Sm states ruir that LLC xir with a dilutin date listed n their frmtin dumnt. Additinll, if a mmbr dies r lv the LLC, th LLC may be required t dilv in rtin tt.
Trnfrring Ownrhi
LLC ownership nt trnfr frl without th rvl from other mmbr. Whil S Corps n frl trnfr stock long it meets the IRS restrictions.
Slf-Emlmnt Taxes
An S Cr m hv a better lf-mlmnt tx itutin because n owner n be trtd as an ml nd rn a salary. FICA tx r id n the salary munt and n dditinl corporate rning could b treated unrnd inm, thu viding lf-mlmnt tx.
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If you are here, you probably have a business law issue you need help with, call Ascent Law for your free business law consultation (801) 676-5506. We want to help you.
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lost-and-still-wandering · 5 years ago
Text
13.11.18
So it’s like half eleven and a Tuesday night - but who needs sleep? …Me on a morning, but this is night-time-me and night-time-me doesn’t care about morning-me’s feelings.
As I’m sure future me remembers, Halloween over the holidays didn’t go so well. I thought I looked pretty good actually, maybe even pretty for once. My hair suited the veil that I’d picked up in boots, my makeup went well, the stitches tattoo around my neck and wrists looked cool, my cobweb tights were amazing and they didn’t rip. I liked the way I could pull my long coat (the ‘grim reaper’ one) in at the waist, and my skirt went out a bit as well so it made like an hourglass and gave the impression I had a decent body shape.
It was awkward when I first got there - like really awkward - but I got used to it after a while and I just remember LW shaving his legs in P’s floor whilst she did AJ’s hooker makeup and then everyone pouring fake blood over their faces, dripping down their necks and smudged all over their arms. We all looked amazing and I was having fun. We went out then, and we got to the cemetery but everyone agreed it’d be disrespectful to go in there so we headed into town.
On the way into town was where we got egged. They only threw a few of them, but they pelted them from across the street so they had to use quite a bit of force. Me being the idiot I am, had to be the one that was hit… I knew it would be me. It covered my face and one side of my hair and splattered all over my coat too… it was dripping. It was fucking humiliating… I ended up in the McDonald’s disabled toilet scraping dried egg off my face with HM.
AD’s dad rescued me from **** later on… after LW and P’s bf ran through the fountains in their boxers and they pulled out the smirnoff and carling. My phone was on 3%, Halloween isn’t a safe night to be out and I didn’t wanna get drunk in public at night where I’m vulnerable. I’m honestly so fucking grateful they came out to get me… thank you so much…
We went to two firework displays this year. One was at ****** Cricket club and they didn’t but the safety barriers far back enough so the fireworks were so close it was probably a health and safety risk. I could taste the fireworks, and I’m not actually joking some bits landed on my face and in my mouth. AD bought a lightsaber and was fighting my siblings tho so that was funny.
We also went to the one at ******** and managed to get a really good spot considering we got there a couple minutes before they started. They were good but I always end up thinking about how much they cost and where that money could be better spent. Fireworks just don’t feel the same anymore.
Coming back to school after the half term has been alright I suppose. I’m not dead yet. I suppose I’m actually getting back on top of things again. Says the person who’s left their chemistry homework for tomorrow morning. ANYWAY. I’m trying to keep up in art. I spent an entire night organising my sketchbook since I’ve been putting it off. I’m really pleased with it. I need to make a list of things I wanna buy for my project tho, including actual glue (to please AD) and lots of string.
I did really shit in my Biology and Physics tests yesterday because I completely forgot to revise… like at all. I know, with a few keywords I have quite a good memory when it comes to tests but I’m still not gonna do great at all. I’m also pretty shit at Physics. I don’t understand half of it, thanks Mr G.
Me AD and AL went to watch the RSC Comedy of Errors tonight with my mum and AD’s dad and honestly it was amazing. They’re so confident, like in the way they speak and swift in the way they move. They have so much energy. It looks like so much fun, and I imagine it is but I know it’s a lot of hard work too. I loved the way they had the people who weren’t acting doing music in the background and when the guy playing Antiphulus and Dromio of Syracuse stepped down to take some of the kids monster much and haribos on the front row.
Can’t believe AD missed the guy fortnite dancing at the end tho. He was the same guy who decided to sing part of his lines in the tune of “Keke, do you love me” much to our amusement and my mums confusion. There was also a bit where you could tell they were over exaggerating what they’re supposed to do and improvising because the girl playing Adrianna was laughing. Antiphulus and Dromio of Syracuse were amazing - not to mention I liked their accents a lot.
Anyway. I’m on medication now, but it’s only 10mg a day so it’s not really gonna do anything. I know she was rabbiting on about “you have to actually try to implement CBT strategies too”. I know, but the medication should help me be able to do that. If it’s not then it’s not. Mom wants them to increase the dose because I’m… eXTRA dePRESSED :D
Things are difficult at the moment, but I’m trying… I’m far too aware of everything that I’m doing… it’s really humiliating. Not to mention, I just… hate my body… so fucking much. Hopefully no will be seeing it for a while… unfortunately I have to though… everyday.
(posting this from the future cuz past me was a dipshit and posted it on the wrong account)
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jamiejgreen8-blog · 7 years ago
Text
just what is an limited liability company?
An LLC, r limitd liability mn, i a type f business structure. Whn you frm an LLC, u gt the bnfit f -thrugh taxation lik youd hv with a l rritrhi r partnership lng with th limitd libilit f a rrtin. Fr m buin owners, its the best of bth worlds rviding imliit nd rttin.
Wht D LLC Stand Fr?
LLC Stands for Limited Liability Company.
Wht Does LLC Mean?
LLC mn limitd liability mn, whih is a t of business trutur tht rtt the wnr from th liabilities f the business.
Hw Does an LLC Work?
An LLC operates with features frm bth corporations and l proprietorships r rtnrhi. It i a -thrugh ntit fr tax ur, mning th buin doesnt fil a rt tx return. Even though an LLC i gnrll ir to n and manage than a traditional corporation, thr are till rtin ruirmnt. Th requirements include th rtil of organization and th operating grmnt. Yu huld work with a buin lawyer to create and fil bth of these important dumnt.
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Th Artil f Orgniztin
The articles of rgniztin tblih th mn a rl, legal company. It l outlines wh th wnr and mngr are as well the rgitrd gnt. Thi document l describes wht th business is in brd trm.
The Orting Agrmnt
Yu huld hk with ur tt nd if an rting agreement i required b lw r nt. If it nt, u huld till draft n because it will help ur buin futur operations. The operating grmnt dtil th members rnibiliti and duti. It l brk dwn th rntg f wnrhi, transfer f intrt, hw th company m b dilvd, nd th itl ntributin ruirmnt. Th transfer f interests is rtiulrl imrtnt bu it dictates how mmbr can be ddd t r rmvd frm th LLC. When it comes to ling dwn the business nd dilving th LLC, th operating agreement i ntil. It will tt hw the t huld b dividd, hw mntin wrk fr any dbt th mmbr gurntd, nd how itl contributions should b rturnd. To ut it simply, t rt withut n rting agreement is nt nl flih, but it could u a lot f rblm in the future.
Cn I Start an LLC in An Stt?
Yu n trt n LLC in n state. Hwvr, in most , u huld start n LLC in ur hm tt to v mn and prevent rgitrtin a frign LLC. Thr are m situations in which it makes mr sense for u t trt n LLC in a state thr thn ur home tt. You huld consult with a business lwr t determine if it mk sense fr you t start n LLC in any state thr thn ur home state.
Wht is a Singl Mmbr LLC?
A ingl member LLC is n LLC that has only n mmbr. Thi huldnt b confused with a sole rritrhi tht int treated as a rt ntit. While a ingl member LLC i rt from it wnr, it is uull trtd as a disregarded ntit fr inm tx purposes, mning u file taxes fr th LLC on your rnl rturn. Sm tt dnt llw th frmtin f a ingl mmbr LLC, so u huld check with ur tt lw to if thi i even an option. In some cases, u may think hing a spouse i a good id t avoid a ingl member LLC. Yu huld knw tht the IRS nd th urt will likely till consider u a ingl member. If you did t frm a single mmbr LLC, it ritil tht u k the business rt frm yourself. This means detailed rrd nd finn tht dnt intrtwin with ur wn. Youll l wnt t keep detailed mting minut nd n mjr diin u make.
LLC Prtnrhi Agrmnt
An LLC rtnrhi agreement is another name fr an operating grmnt fr multi-member LLC. It tblih mmbrhi, h mmbr right and rnibiliti, nd rviin fr running the company. Thr r m tt tht dnt ruir an LLC partnership agreement, but it nt mthing u should skip if u wnt your buin t run mthl. Sm f th mt imrtnt things t include in n LLC rting grmnt r:
Diin mking responsibilities. Yur dumnt huld utlin hw diin r md (is it a unnimu vt r a percentage?), whn ll members huld b invlvd in decisions, and wh h the responsibility (nd hw much) of mking diin.
Capital contribution. Thi tin tt hw muh h rn ntribut to trt th buin. Th section huld l diu wht hn if th business dnt hv nugh mn in th future.
Slri nd ditributin. Yu huld if whn mmbr n tk mn ut of th buin nd if mmbr are rid fr th investments they mk int th business.
Death nd disability. Wht hn if a mmbr di or bm dibld? Yur wn rnl trusts and will huld if thi, but it a gd id to put it int th grmnt. In m tt, the LLC dissolves un a mmbr death, so you huld hk th lw of your tt.
Dilutin. Your grmnt huld tell how the buin n b dilvd in the futur. Thi i lld ur xit trtg nd h rtnr should nidr what th wnt in th vnt tht th dnt wnt t participate in the buin nmr.
Wh Strt n LLC?
Individul choose to trt n LLC bu it n ir way t form a legitimate, rt buin and it provides rttin fr its wnr. Starting an LLC i a rnl diin, but it is a ulr hi bu it t trt and maintain. LLCs ruir l rwrk t trt thn a traditional rrtin and th r ir to mng. In most cases, n LLC fil tx a pass-through ntit intd of a rt rrtin. Thi means tht members can fil thir buin tx n thir rnl tx rturn intd f a separate filing. In dditin t requiring l rwrk to gt started, LLC ruir l rwrk nd work in gnrl to k your LLC mlint with the law. Strting n LLC is a great hi if u want t frm a mr legitimate business, but dnt want th hl of forming nd king u with a rrtin.
Hw D Yu Bm an LLC?
Yu can bm n LLC b choosing a nm fr ur business, filing specific documents, paying th ruird f, rting n rting agreement, btining n EIN, nd ling fr n necessary rmit and licenses. A buin lawyer n help u thrugh h step of th process to mk sure u r mlint with all lw and ruirmnt.
I an LLC a Partnership?
An LLC can b a rtnrhi with a multi-mmbr rting grmnt. Fr inm tx purposes, an LLC with at least tw mmbr i considered a partnership. If u dnt wnt t b a rtnrhi, you mut fil Frm 8832 nd lt t b trtd a corporation. A ingl mmbr LLC int a rtnrhi, but a disregarded entity fr tx ur unless Frm 8832 i filed. T be trtd a rtnrhi whn ur a multi-mmbr LLC, u dont hv t d nthing. A rtnrhi i th dfult lifitin. If you bgin ur LLC a partnership and ltr want to change t b trtd a rrtin, you n fil th m Form 8832 t change ur classification.
What i Partnership LLC?
A partnership LLC i n LLC with at lt tw mmbr tht hasnt elected to be trtd a rrtin. A rtnrhi LLC is th dfult state fr n LLC with tw r more mmbr. Th LLC n h to b treated as a rrtin b filing Frm 8832. Whn it comes t taxes, a rtnrhi LLC follows the same rul a trditinl partnership. Th LLC should file Frm 1065, whih i th U.S. Rturn f Prtnrhi Income. Additinll, h wnr will use Schedule K-1 t hw their hr f th LLC.
I n LLC a Crrtin?
An LLC n b a corporation if it fil Frm 8832 t elect to b treated as a corporation. B dfult, n multi-mmbr LLC is nidrd a partnership. T b nidrd a corporation, th LLC should fil Frm 8832. Th frm can b fild t th trtu f the LLC r t a later dt whn th LLC wnt to change it ntit t. Once an LLC is nidrd a corporation, they must fllw trditinl corporation tx lw.
Is an LLC a C Crrtin?
In rdr fr an LLC t b a C Corporation, mmbr mut fil Frm 8832 to be treated as a rrtin nd lt to b a C Crrtin tht fil a Form 1120 t fil income taxes.
I an LLC n S Crrtin?
In order fr n LLC t b an S Crrtin, mmbr mut fil Frm 8832 tht mk th buin a rrtin nd then choose to be trtd as an S Corporation and fil Frm 1120S for inm tx.
I it Better to b n LLC r n S Crrtin?
Whether it is better t be n LLC or n S Crrtin is a rnl decision tht vri bd n ur wn uniu irumtn. LLC nd S Corps hv mn things in common:
Both hv limitd libilit rttin for it wnr
Bth are rt legal ntiti
Bth r usually thrugh tx ntiti, but n S Cr has to fil a buin tx rturn in ll .
Bth have to follow rtin tt ruirmnt upon frmtin and nging thrughut the lif f th buin.
While thr r several imilriti btwn n LLC v n S Crrtin, thr are l big diffrn tht huld b considered.
Ownrhi
S r n hv no mr thn 100 owners/shareholders while n LLC i unlimitd. Additinll, S corps ruir that wnr b U.S. itizn while nn-U.S. citizens n be in an LLC. S rrtin m not b owned by thr rrtin, LLC, rtnrhi, nd mt trut. LLC d nt have th m limitations. LLC r l allowed t hv unrestricted ubidiri.
Mngmnt
LLC n hv wnr mng the LLC or lt t hv mngr mng th LLC. If the LLC is mmbr mngd, it rt a lt lik a rtnrhi. If it i mngr mngd, owners rnt involved in d to d diin. S Crrtin hv ffir nd dirtr whil LLCs do not. The brd f directors in an S Cr vr th buin and hndl mjr diin. Th officers, wh are ltd b th brd, mng dil buin activities.
Exitn
Sm states ruir that LLC xir with a dilutin date listed n their frmtin dumnt. Additinll, if a mmbr dies r lv the LLC, th LLC may be required t dilv in rtin tt.
Trnfrring Ownrhi
LLC ownership nt trnfr frl without th rvl from other mmbr. Whil S Corps n frl trnfr stock long it meets the IRS restrictions.
Slf-Emlmnt Taxes
An S Cr m hv a better lf-mlmnt tx itutin because n owner n be trtd as an ml nd rn a salary. FICA tx r id n the salary munt and n dditinl corporate rning could b treated unrnd inm, thu viding lf-mlmnt tx.
Free Consultation with a Utah Business Lawyer
If you are here, you probably have a business law issue you need help with, call Ascent Law for your free business law consultation (801) 676-5506. We want to help you.
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Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506
Ascent Law LLC
4.7 stars - based on 45 reviews
Helpful Business Law Articles
Business Lawyer in Utah How to Incorporate without a SSN First Steps in Starting a Divorce Action Business Lawyers Business Law Services Trusts Relation to a Business Business Law Report What Areas of Business Law do you Handle? Source: http://www.ascentlawfirm.com/what-is-an-llc/
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