The Basics of Tax Law for LLCs. First, itâs important to understand how an LLC is structured according to tax law. Unlike a corporation, LLCs are not taxed as a separate business entity. Instead, all profits and losses pass through the business to each member of the LLC.
Introduction. John Adams (1735-1826) was a leader of the American Revolution, and served as the second U.S. president from 1797 to 1801. The Massachusetts-born, Harvard-educated Adams began his career as a lawyer.
John Adamsâ role in the drafting of the Declaration of Independence was spawned through repeated attempts by Parliamentâs unjust taxation methods on American colonialists. In 1765, the British Parliament enforced the Stamp Act without consulting American legislatures.