Rose Corporation is located in Baton Rouge, Louisiana. It is organized for Federal tax purposes as an S corporation; however, Louisiana does not…
Rose Corporation is located in Baton Rouge, Louisiana. It is organized for Federal tax purposes as an S corporation; however, Louisiana does not recognize S corporation status. Therefore, for state legal ease and other valid business reasons, the owners, Liza, Lena, Marian, and Mae, would like to reorganize Rose as either a partnership or a limited liability company (LLC). The owners’ plan is to create […]