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 ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. You’ve incorporated your venture as an LLC (limited ...

U.S. state statutes often permit the formation of limited liability companies (LLCs) as a business structure also recognized by the Internal Revenue Service (IRS). Each state can have different rules ...

What is an annual report for an LLC? An LLC annual report is a form states use to gather updated information on businesses operating within the state. Some states assign other names to annual report ...

Limited liability companies can be set up by individuals or companies. One reason that the LLC structure appeals to both ownership types is that the IRS allows the LLC to act as a pass-through for tax ...

If you are an LLC owner, it's important to understand the tax filing requirements for your business. Failing to file your taxes correctly can lead to penalties and interest charges from the IRS. In ...

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 ...

If you organize your small business as a limited liability company, you can have subsidiaries. The way you organize those subsidiaries affects how they are taxed, and this can affect the cash flow to ...