Forming a limited liability company (LLC) is one of the most convenient ways to start a small business, but there are several LLC advantages and disadvantages to consider before you take this step.

An LLC is a popular business structure that offers limited liability protection for the business owners and beneficial tax treatment. A limited liability company (LLC) is a popular business structure ...

Belle Wong is a freelance writer specializing in small business, personal finance, banking, and tech/SAAS. She spends her spare moments testing out the latest productivity apps and plotting her latest ...

If you do any kind of business by selling a product or service, you already have a company. The Internal Revenue Service will treat you as a sole proprietor. This means you pay all the taxes on your ...

Question: If I were to start a new business with a partner, is a Limited Liability Company our best option for us? Also, please explain how this type of entity is taxed. Answer: State registered ...

When a family business operated as a limited liability company brings on professional management, the parties typically focus on items in the operating agreement such as capital contributions, ...