The Limited Liability Company (LLC), a hybrid of the partnership and the corporation, has become a popular legal alternative for business owners. Now available in almost all states, the LLC combines ...

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, ...

The sole proprietorship and limited liability company (LLC) business models are common options for businesses owned by an individual, although the LLC model can also function as a multi-owner ...

Members of a limited liability company are the owners of the LLC. One of the principal purposes for creating the LLC is to shield owners from financial liability related to the operations of the LLC.

When starting a business, one of the first big decisions you’ll face is choosing the right business entity. Should you go solo as a sole proprietor or form a Limited Liability Company (LLC)? Each ...

Although both structures offer liability protections, LLCs are best for tax flexibility and corporations are ideal for raising capital. Many, or all, of the products featured on this page are from our ...

Ambiguity in the tax law often provides opportunities for taxpayers. For nearly three decades, how earnings of a limited liability company (LLC) are reported for self-employment tax purposes has been ...

Has your LLC lost its luster? Has it outlived its usefulness as an asset management, asset protection, or, dare we say it, wealth transfer vehicle? Are you tired of discussing the company’s operations ...

When they incorporate, many businesses form as Limited Liability Companies (LLCs). An LLC is a corporate structure that’s a separate entity from the person(s) forming it. It also requires the owners ...