Tax Year and Accounting Method. The tax year of this LLC shall be . The LLC shall use the method of accounting. Both the tax year and the accounting period of the LLC may be changed with the consent of all members if the LLC qualifies for such change, and may be effected by the filing of appropriate forms with the IRS and state tax authorities.
Appears in 15 contracts
Samples: Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Tax Year and Accounting Method. The tax year of this LLC shall be ______________________. The LLC shall use the __________________ method of accounting. Both the tax year and the accounting period of the LLC may be changed with the consent of all members if the LLC qualifies for such change, and may be effected by the filing of appropriate forms with the IRS and state tax authorities.
Appears in 12 contracts
Samples: Massachusetts Limited Liability Company, Operating Agreement, Texas LLC Member Managed Operating Agreement
Tax Year and Accounting Method. The tax year of this LLC shall be _. The LLC shall use the method of accounting. Both the tax year and the accounting period of the LLC may be changed with the consent of all members if the LLC qualifies for such change, and may be effected by the filing of appropriate forms with the IRS and state tax authorities.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Tax Year and Accounting Method. The tax year of this LLC shall be . The LLC shall use the method of accounting. Both the tax year and the accounting period of the LLC may be changed with the consent of all members if the LLC qualifies for such change, and may be effected by the filing of appropriate forms with the IRS and state tax authorities.
Appears in 1 contract
Samples: Operating Agreement
Tax Year and Accounting Method. The tax year of this LLC shall be calendar tax year. The LLC shall use the cash basis method of accounting. Both the tax year and the accounting period of the LLC may be changed with the consent of all members if the LLC qualifies for such change, and may be effected by the filing of appropriate forms with the IRS and state tax authorities.
Appears in 1 contract
Samples: Operating Agreement
Tax Year and Accounting Method. The tax year of this LLC shall be the calendar year. The LLC shall use the Cash method of accounting. Both the tax year and the accounting period of the LLC may be changed with the consent of all members if the LLC qualifies for such change, and may be effected by the filing of appropriate forms with the IRS and state tax authorities.
Appears in 1 contract
Samples: Operating Agreement
