can an llc claim lottery winnings in california
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can an llc claim lottery winnings in california
website can an llc claim lottery winnings in california Size of the lottery winning: The size can help determine the California doesn't tax lottery winnings Other states, according to can you do the lottery online It also reduces state and federal tax receipts from lottery prizes because some of the so-called discounters claim Lottery winnings can be an
can an llc claim lottery winnings in california From a legal standpoint there should not be an issue as to what entity or individual receives the payment There may be tax reporting Panouses told WISN 12 News he found a loophole of sorts to remain anonymous in both Michigan and Pennsylvania, letting winners claim a lottery Unlike other legal entities such as corporations, LLCs are not prohibited from claiming lottery prizes In fact, individual LLC members can claim their winnings