How To Fold The World's Farthest-Flying Paper Airplane. The all-time distance record for paper airplane flight* was set in February, 2012. The paper craft was designed by John Collins (a.k.a. The Paper Airplane Guy), and soared a whopping 226 feet, 10 inches. Here, Collins walks us through how to fold his world-record-holding plane, which he's named Suzanne..
Profits Interests The most commonly recommended approach to sharing equity in an LLC is to share profits interests. A profits interest is analogous to a stock appreciation right. It is not literally a profit share, but rather a share of the increase in the value of the LLC over a stated period of time.
What to do with LLC business losses. Profit losses in your LLC should be claimed on your individual income tax return. You most likely will have to use IRS Form 1040, as profit or loss from a business must be declared on Schedule C â expenses that are less than $5,000 may be claimed on Schedule C-EZ.hat to do with LLC business losses. Profit losses in your LLC should be claimed on your individual income tax return. You most likely will have to use IRS Form 1040, as profit or loss from a business must be declared on Schedule C â expenses that are less than $5,000 may be claimed on Schedule C-EZ.