A limited liability company, or LLC, is one of the most common corporate forms in American business. It is relatively easy to establish and allows individuals or small groups to do business under a ...

A limited liability company (LLC) is a business that offers management flexibility, pass-through taxation and, in most cases, personal asset protection during bankruptcy or lawsuits. Often, your home ...

A limited liability company (LLC) is a legal business structure, but the IRS does not recognize an LLC as a classification for tax purposes. The IRS considers LLCs a disregarded entity for tax ...

If your business currently operates as a sole proprietorship, changing to an LLC is in your best interest. For a variety of reasons-including the fact that an LLC protects the owners from the debts of ...

In general, partners in a limited liability company file their taxes the same way they would if the business were a partnership. In fact, the Internal Revenue Service treats an LLC with multiple ...