Section Newsletters

Articles From Linda Godfrey

The Illinois Series Limited Liability Company—An overview By Richard M. Colombik & Linda Godfrey Business Advice and Financial Planning, March 2009 The Illinois version of the Series Limited Liability Company (“Series LLC”) became effective on August 16, 2005.
Individual income tax update By Richard M. Colombik & Linda Godfrey Federal Taxation, June 2006 In Comm’r v. Banks, 543 U.S. 426; 125 S. Ct. 826 (2005), the Supreme Court held that a taxpayer’s gross income from the proceeds of litigation included the portion of the damages recovery that was paid to his attorneys according to a contingent fee agreement.
Tax and trust fund issues By Richard M. Colombik & Linda Godfrey Business Advice and Financial Planning, June 2006 A look at the legal difficulties that business owners may encounter when corners are cut with the Internal Revenue Service.

Spot an error in your article? Contact Sara Anderson at sanderson@isba.org. For information on obtaining a copy of an article,visit the ISBA Newsletters page.

Select a Different Author