Corporate tax without the corporation. An LLC allows a business to be taxed as a corporation without the hassles of a corporation’s business structure. LLCs are generally less expensive to operate, ...

Sometimes a limited liability company, or LLC, has a year with no business activity. For example, a newly formed LLC might not have started doing business yet, or an older LLC might have become ...

A limited liability company (LLC) offers liability protection and flexible tax options, among other benefits for small businesses. Thanks to the Ohio Secretary of State's (SOS) straightforward online ...

Every new administration brings changes to the national economic landscape, and no one feels these changes more acutely than small businesses. In 2025's rapidly shifting economy, it's smart for ...

With some of America's most educated and skilled workforce, close proximity to major cities, ports, and airports, and a supportive business environment, it's no surprise that many aspiring business ...

You'll need to provide an operating agreement, EIN, revenue details and your date of birth to open an LLC bank account. Many, or all, of the products featured on this page are from our advertising ...

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, or LLC, is a business structure that protects your personal assets from debts or liabilities your business may incur. The IRS allows each state to determine their own ...

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...