Review information about a Limited Liability Company (LLC) and the federal tax classification process.

Owners of a limited liability company are called members and may include individuals, corporations or other LLCs. The limited liability company provides the liability protection of a corporation for owners, …

Many jurisdictions—including Alabama, California, Kentucky, Maryland, New York, Pennsylvania, Tennessee, and Texas —levy a franchise tax or capital values tax on LLCs. In essence, this …

May 1, 2025 · What Is a Limited Liability Company (LLC)? A limited liability company (LLC) is a business structure in the U.S. that protects the assets of its owners from lawsuits and creditors concerned with...

Nov 22, 2025 · What is a limited liability company? A limited liability company (LLC) is a business structure that protects owners' personal assets from business debts and lawsuits while offering …

Sep 8, 2025 · Ready to Set up Your LLC? An LLC (limited liability company) is a common business structure for small businesses, entrepreneurs and freelancers. But there are a lot of misconceptions …

Nov 25, 2024 · What is an LLC? Pros, cons, and steps on how to form a limited liability company. A limited liability company (LLC) is a popular business structure for many small business owners. It …

Here you’ll find out everything you need to know about this type of entity, including the advantages of an LLC versus other business entities, what to put in an operating agreement, and how LLCs are taxed. …

Sep 9, 2025 · To officially create an LLC, you’ll need to file your formation documents with the state’s business division, usually part of the Secretary of State. In some states, the Articles of Organization …

Oct 1, 2025 · LLC stands for Limited Liability Company. It’s a type of business structure that merges a corporation’s and a partnership’s benefits. Registering your business as an LLC, the company offers …