If a multi-member LLC does not elect corporation taxation, it must file like a partnership. The appropriate form for partnerships is IRS Form 1065, which reports the assets and transactions of the LLC and calculates each member's income from the business.
Natty means current in style, both of dress and manners. A natty dresser is someone who is very stylish and has a snappy attitude. He may even be wearing a natty fedora. Natty is an adjective that comes from the 18th century. Originally it was a slang term, perhaps related to the adjective neat.
(Redirected from Entitative) An entity is something that exists as itself, as a subject or as an object, actually or potentially, concretely or abstractly, physically or not. It need not be of material existence. In particular, abstractions and legal fictions are usually regarded as entities. In general, there is also no presumption that an entity is animate, or present. The word is abstract in intention. It may refer, for example, to Bucephalus, the horse of Alexander; to a stone; to a cardinal number; to a language; or to