Discover how LLCs and S Corporations compare in tax implications, ownership structures, and legal liabilities to choose the best business structure for you.

LLCs and corporations both offer liability protection, but the right structure depends on your business goals, tax preferences, and plans for growth. Choose an LLC for flexibility, ease of setup, and ...

Are you considering establishing your business as a limited liability company (LLC)? Perhaps your business is growing and becoming more complex. Maybe you wish to manage your exposure to risk as a ...

Sometimes a limited liability company, or LLC, has a year with no business activity. For example, a newly formed LLC might not have started doing business yet, or an older LLC might have become ...

Whether you operate a business as a single-member limited liability company, or a multimember LLC, the same funding tax issues arise in both situations. The applicable tax designation for the LLC is ...