For many small business owners, the choice will be between a sole proprietorship and a limited liability company (LLC). Here is what you need to know about each one to decide which might be right for ...

An LLC is a good combination of protection with flexibility and tax benefits. It provides an array of taxation alternatives while shielding individual members from personal liability.

A form of business organization with the liability-shield advantages ... Many states allow a business form called the limited liability company (LLC). The LLC arose from business owners' desire ...

See below for links to the other articles in the series. Limited liability companies (LLCs) are business entities that can be used as powerful asset protection tools and as “disaster containment ...

The partnership-level adjustment may be required for a substantial built-in loss, except for electing investment partnerships and securitization partnerships.

The main difference between a limited and unlimited company is in liabilities as given under. What is a limited liability company? Limited liability means that the liability of the owners or ...

Adam Leitman Bailey and John Desiderio discuss the judicial hurdles which must first be overcome to achieve an LLC dissolution and how New York courts, in such cases, have determined the rules for ...