Limited liability companies (LLCs) are what's called "pass-through entities." This means that the business does not pay corporate income taxes. Instead, the individual owners or members of the LLC ...

Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. David Kindness is a Certified Public Accountant (CPA) and an expert ...

You’ve probably Googled “LLC vs sole proprietor” at midnight after a client asked for a W-9, or after someone on Twitter insisted you’re “not a real business” without one. Meanwhile, your accountant ...

With a sole proprietorship, you and your business are the same legal entity. This means that you are personally on the hook for the debts and liabilities of your business. Personal assets-;such as ...

Rachel Williams has been an editor for nearly two decades. She has spent the last five years working on small business content to help entrepreneurs start and grow their businesses. She’s well-versed ...

A limited liability company (LLC) is a type of business entity that allows you to open and conduct business dealings. In many cases, it can also help to separate your personal and business assets, ...

It can be surprisingly easy to set up a limited liability company, or LLC, if you’re looking to use the legal structure to make investments. And that’s what a few enterprising individuals are doing to ...

LLCs in Texas are fairly simple to form, and marry many of the advantages of partnerships and corporations. Many, or all, of the products featured on this page are from our advertising partners who ...

Starting a limited liability company (LLC) in Florida has never been more appealing. With myriad benefits and a straightforward process, it's no wonder entrepreneurs are flocking to the Sunshine State ...

Setting up an LLC in Hawaii is a straightforward process and a relatively low-cost endeavor compared to other states. If you live in Hawaii and operate a local, community-based business, filing for an ...