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 ...

A Limited Liability Company (LLC) is a business structure that provides limited liability protection for its owners and shareholders. It means that the company's liabilities are separate from those of ...

Legal structure choices can cost business owners in unnecessary taxes and expose personal assets to liability risks if made ...

Chauncey grew up on a farm in rural northern California. At 18 he ran away and saw the world with a backpack and a credit card, discovering that the true value of any point or mile is the experience ...

The artist Christo sets up all his projects as limited liability corporations. Photo by Tim P. Whitby/Tim P. Whitby/Getty Images for Serpentine Galleries With an eye on protecting themselves from one ...

When you start a new business, one of the first questions that comes up is your business structure. Two of the most common types of business structures are LLCs and corporations. While many small ...

The use of the limited liability company (LLC) has mushroomed in popularity over the past two decades. IRS statistics show a 66% increase in domestic LLCs between 2005 and 2014, and in 2004 LLCs were ...

Fifty years ago Milton Friedman declared that "the social responsibility of business is to increase its profits." The anniversary of that proclamation occasioned a flurry of commentary about what, if ...

LLP stands for limited liability partnership. As the name suggests, an LLP provides its members with a degree of liability protection, shielding them and their personal assets. "A partner of a ...