Personal income tax issues will not be imputed to the LLC itself in most instances. But any collection activity against a member of an LLC for tax matters could affect that member\’s ownership rights.
This issue can be quite complex and a several line response here cannot address the questions in full. As such, the potential member with the tax liability may wish to consult an attorney to discuss this matter more fully, in advance of joining the LLC. To find a local attorney for FREE, visit Standard Legal’s Attorney Find page.