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.
In Crescent Holdings v. Commissioner 141 T.C. 15 (2013), the Tax Court doled out three lessons every tax advisor con learn from: 1  How to differentiate between a profits interest and a capital interest in a partnership. 2  Section 83 applies to the grant of a capital interest,