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.

A limited liability company is a type of corporation, although most people use the terms limited liability company and limited liability corporation interchangeably. Technically, the abbreviation, LLC ...

A limited liability company is a type of business entity and is often miscalled a limited liability corporation. Each business structure offers the business owners advantages and disadvantages when it ...

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 ...

Forbes contributors publish independent expert analyses and insights. Mike Kappel is the Founder of Patriot Software, LLC. Starting a business is all about taking things one step at a time. One big ...

How does a limited liability company get taxed by the IRS? What nuances and options exist? Many entrepreneurs wonder about considerations like these when deciding on a business structure for their ...

Understanding the distinction between a company and a corporation is crucial for job seekers aiming for high-level positions with yearly salaries of $100,000 or more. While the terms are often used ...

Learn what a De Jure Corporation is, its legal advantages, and how it secures limited liability protection for business ...

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 ...

The thought of “being your own boss” is sure exciting and if you plan to do it by setting up your business and are ready with a business plan, the next crucial step is deciding the right business ...