Daily Archives: August 26, 2020

Looking to incentivize a key employee who lacks cash for a buy-in? Consider a “profits interest.”

By : Charlie Wittmack If you own a partnership (or an LLC that is taxed as a partnership), you may divide your partnership interest (or membership interest in the case of an LLC) into a capital interest and a profits interest. Every business owner understands the value of their “capital interest,” which represents their ownership

Ready to talk? Our team is standing by.