A limited liability company (LLC) limits the potential for its members to be personally liable for the LLC's business debts. It features pass-through taxation.

For federal income tax purposes an LLC, or limited liability company, is considered a disregarded entity. In effect, the LLC does not exist under the Internal Revenue Code. Despite this fact, a ...

Discover the true cost of starting an LLC. Learn about state filing fees, annual franchise taxes, registered agent costs, and ...

While sole proprietorships are simple and cost-free to maintain, they expose personal assets to business liabilities.

LLC loans are essentially the same as any other small-business loans, except they're specifically for financing an LLC. Many, or all, of the products featured on this page are from our advertising ...

If you're gearing up to start a business, you're probably wondering what type of entity you should register as: a sole proprietorship or a limited liability company (LLC). Both are common structures ...

A limited liability company is a business form that attracts individuals looking for a corporation's protection from liability and a partnership's pass-through taxation. Generally, forming an LLC ...

The nature of your LLC can influence which tax forms you need and what you ultimately owe. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

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 ...

A limited liability company (LLC) offers business owners in Minnesota a blend of operational flexibility and personal ...

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 ...