Windows: Windows NT 3.5 Windows server 2003, and several different desktop platforms. I have taken Mangement training from the IBM sponcered program. And currently manage a team of nine people designing and building web applications and reporting. Specialties:Mainframe Automation, Team Lead Web applications. Tivoli common reporting(TCR) Team management through IBM's management training program.
When an LLC Can Buy Stock. An appealing characteristic of an LLC is that members -- the LLC owners â can use the entity for any legal purpose, which includes investing company money in stocks. Members also have the authority to draft operating agreements as broadly or narrowly as they desire.uying Stock in S Corporations. Certain small businesses make elections to be taxed as S corporations in order to avoid the double taxation that results by default with corporate entities. Although an LLC member can buy stock in an S corporation if fewer than 100 shareholders exist, an LLC cannot.
However, if your LLC was previously being taxed as a partnership or sole proprietorship, you must file Form 8832 and mark box 6a to elect taxation as a corporation. If your LLC is a foreign entity, you cannot change your LLC into an S-corporation.e-Classification. Use IRS Form 8832 to instruct the IRS on how to classify your business entity. As an LLC, your election can be any one of the three types recognized by the IRS for this type of entity.