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.
President John Adams called a special session of Congress in May, and on May 16, 1797, Adams sent a message to Congress supporting the build up of defenses. However, Adams also decided to send a delegation to France to improve relations.