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Lana

Understanding Distributions on a K1: A Guide for LLC Owners

June 3, 2023 by Lana

What are distributions on a k1? Box 19 of the K-1 (1065) records distributions made to you, the partner or member, during the year. The distributions could have been cash or in other types of property. Think of a distribution as being similar to a dividend as they are a reduction of capital/equity in the … Read more

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Can a Tailor Make Waist Smaller? Answers to Related Questions

March 20, 2023 by Lana

Can a tailor make waist smaller? Don’t worry! Making a waist smaller is easier than expanding it. You can go to a tailor to get this done professionally. You can also use a seam ripper to separate the waistband from the pants, pick out the center back seam, and then sew it again, taking in … Read more

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