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 ...

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 ...

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 ...

LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

Whether you're the only member of a limited liability company, or LLC, or are one of many, you can start taking advantage of some tax-saving opportunities that S corporations offer by making an ...