Manager - Defined Contribution Plans M2B Retirement Consulting LLC
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Compliance Analyst - 401(k) Administration Ubiquity Retirement + Savings
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Retirement, LLC
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Junior Implementation Specialist - 401(k) Administration Ubiquity Retirement + Savings
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Site Manager / Senior Administrator Nicholas Pension Consultants
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Retirement, LLC
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Sr. Retirement Plan Administrator Tycor Benefit Administrators, Inc.
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NFL Player Benefit Office
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Sentinel Benefits & Financial Group
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MGKS
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United Benefit Pensions Inc.
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Hessel & Associates, LLC
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Aimpoint Pension
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Defined Benefit Plan Consultant Sentinel Benefits & Financial Group
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Question 110: Lawyer A owns 1/3 of two entities: a corporation and an LLP taxed as a partnership. Both entities practice law. The LLP is regularly associated with the corporation in providing services for third parties. Other than Lawyer A’s common ownership, there is no overlapping or cross ownership between the two entities. Are the LLP and corporation an affiliated service group? |
Answer: Yes, because of the attribution rules of IRC 318. |
Answers are provided as general guidance on the subjects covered in the question and are not provided as legal advice to the questioner or to readers. Any legal issues should be reviewed by your legal counsel to apply the law to the particular facts of this and similar situations.
The law in this area changes frequently. Answers are believed to be correct as of the posting dates shown. The completeness or accuracy of a particular answer may be affected by changes in the law (statutes, regulations, rulings, court decisions, etc.) that occur after the date on which a particular Q&A is posted.
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