Choosing between an LLC and a corporation can feel overwhelming. Both structures have their pros and cons, and the decision can impact everything from taxes to liability protection. If you’re starting ...

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, ...

When you decide to set up a new business as a limited liability company, you benefit from a legal structure that gives you and your partners, known as members, great flexibility in running the company ...

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 ...

Setting up your business as a limited liability company, or LLC, does not mean giving up control of the company. LLC status has to do with legal liability for the debts of the business, not ownership.

A single-member LLC is a limited liability company owned by one partner. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain ...