This is very odd to me. I am familiar with the concept of non-equity partners but I have never heard of them being paid as regular employees at any firm. I'm sure if a firm is doing it it is legal but it seems really off to me. I am surprised the IRS allows it.
Yup, but it's how it works at least for now. They're doing a reorganization and it may change our tax status this year. It's very likely. What a pain.
On that note, he got an e-mail from one of his acquaintances today at the place I'd been wanting him to call the boss-man (my friend's husband and my student's dad), apologizing for not getting back to him earlier (he'd e-mailed this other person some time ago since he had a better working relationship with him.) How timely. lol. We'll get in the door there yet. I figure that company is large enough that it has potential to give him his equity stake right there. (devil)
I need to apologize for my rude post. What I poster was very hateful and disrespectful to the first responders and the people who were hurt and killed.
All apologies post update-dangling thread are null and void.
I need to apologize for my rude post. What I poster was very hateful and disrespectful to the first responders and the people who were hurt and killed.
I don't nag. Doesn't mean it doesn't bother me though, especially the times it bothers him. That's when I really want to growl. Twenty years together, I know the drill. But I can bitch about it in a flameful.
PINO. It has it's advantages, like at tax time. Its disadvantages too, like at distribution time. Things may change this year since there has been some upheaval and restructuring. I suppose we need to talk to a tax advisor. :sigh
And on that note, DD1 is due in about four weeks. I'm afraid I'll be disappointed if she's not a ginger after seeing LHC's video the other day. All the emphasis she's been putting on Irish names hasn't helped. You got an Irish name you better be a redhead, kid. DD1 was my coppertop and DD2 isn't having any more kids so this is it for a while, at least until the boys start having kids in another ten or twenty years. Kiddo and Kidlet are never dating and never having kids.
This is very odd to me. I am familiar with the concept of non-equity partners but I have never heard of them being paid as regular employees at any firm. I'm sure if a firm is doing it it is legal but it seems really off to me. I am surprised the IRS allows it.
I'm a non equity partner and get paid exactly like I did as an associate. It was the same way as my previous firm. I don't have any ownership interest in the firm, so technically, I am an employee and not a partner.
This is very odd to me. I am familiar with the concept of non-equity partners but I have never heard of them being paid as regular employees at any firm. I'm sure if a firm is doing it it is legal but it seems really off to me. I am surprised the IRS allows it.
I'm a non equity partner and get paid exactly like I did as an associate. It was the same way as my previous firm. I don't have any ownership interest in the firm, so technically, I am an employee and not a partner.
Yeah, actually I think this is the way it works at a number of firms. At the firm I know best, income partners do have (a few) units, but they mostly receive a salary+bonus. I think I'd call the kind of "income partner" that has no equity in the firm a counsel. But maybe the differentiation that many firms make is that counsel/ of counsel is typically a contract position, and partner (even income partner) is not. And if the income partners have some say in firm management, a firm could argue that they are partners, regardless of compensation structure.
Not actively trying. Just not preventing. Again. Lolz.
Do you mind my asking how old you are, miso? Only because this was exactly our situation - I had my first at 40 and didn't try to prevent, and was pg with my second 6 months later, while I was sill bf ft. I heard the clock ticking. Good luck to you all, however it turns out!
Not actively trying. Just not preventing. Again. Lolz.
Do you mind my asking how old you are, miso? Only because this was exactly our situation - I had my first at 40 and didn't try to prevent, and was pg with my second 6 months later, while I was sill bf ft. I heard the clock ticking. Good luck to you all, however it turns out!
"Why would you ruin perfectly good peanuts by adding candy corn? That's like saying hey, I have these awesome nachos, guess I better add some dryer lint." - Nonny
apalettepassion.wordpress.com/ WHO IS BONQUIQUI!?!?!?!??!
"I was thinking about getting off on demand, but it sounds like I should be glad that I didn't"
here's my flameful: i have an awesome version of the "real" jlm story going on in my head right now and it involves dissociative personality disorder and jlm not knowing that she has created all those other people herself and she totally thinks they are all her real friends. omg! i love it.
Related: Mine is that I'm super annoyed that no one is telling me jlm's fb name, or linking it. I realize I'm not entitled to it, but I want to see.
ETA: Never mind I found it lol
then do share... private mail is fine. its KILLLLLLLLLLLLLLLLLLLLLLING me
My parents didnt' do anything for my bday. well they called and then said I should come over to get my gift but I couldn't that day because of work and they said "just come when you can." I am sad bc they don't do anything for me in general so I was hoping for something special for my bday. for Christmas they bought me a USED sweatshirt off of ebay with a stain on it. this is out of character with the way my mom was but common since her stroke. I am realizing more and more she had been the one in the coupling that did anything to make us feel special and now with her brain damage she isn't capable. it makes me sad.
Edit: Update I went over there Saturday and they gave me a pair of flip flops. So ...well.. um at least its something
It is hard watching our parents get older, isn't it. I'm sure your mom would have done better if she could. Still hard, though, isn't it? (((sloan))) Hang in there, girl.