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IP contribution to an LLC

If a founder is contributing IP to an LLC and receives a captital account equal to the value of the IP, is the founder liable for taxes on the amount in the capital account?
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1answer
236 views

Can a bank account accept checks written to two different business names?

Is it possible for a bank account to accept checks written to two different parts of an LLC? For example, I have ABC LLC, which operates at ABC.com, and I accept checks using both the ABC and ABC ...