My team currently has 9 people in it and we design and build web applications. As the team manager(lead) my current duties include prioritizing projects, maintaining level of effort hours for projects deadlines and client relations. I have also done budget management and workload balancing and scheduling.
1 The LLC may apply for recognition of exemption under Internal Revenue Code 501(c)(3) by filing Form 1023. 2  See IRS Website. 3  The LLC may be a disregarded entity for federal income tax purposes and take on the tax characteristics of its sole member, a 501(c)(3) organization.
Entities. 1  A Limited Liability Company (LLC) is taxed as a partnership or sole proprietorship, unless the owners elect to be taxed as a Corporation. 2  The unit owners of an LLC or stockholders of a âCâ Corporation may be Corporations or foreign citizens.he Corporation or LLC which elects to be taxed as a Corporation can be a tax shelter. The first $50,000 of taxable income is taxed at 15%. A Corporation or taxable-LLC can retain up to $250,000 without having to justify (and pay a higher tax rate on) its accumulated earnings.