Corporate tax without the corporation. An LLC allows a business to be taxed as a corporation without the hassles of a corporation’s business structure. LLCs are generally less expensive to operate, ...

Setting up your business as a limited liability company, or LLC, does not mean giving up control of the company. LLC status has to do with legal liability for the debts of the business, not ownership.

Jane Haskins practiced law for 20 years, representing small businesses in startup, dissolution, business transactions and litigation. She has written hundreds of articles on legal, intellectual ...

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 ...

The acronym LLC refers to a limited liability company. When a company registers with the secretary of state to start a business, there are several business entity options including an S-corporation, C ...

A limited liability company (LLC) separates a company from its owners. This protects the owners’ personal assets if the business loses money or gets sued. Many, or all, of the products featured on ...

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 ...

A single-member LLC is a limited liability company owned by one partner. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain ...