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

If you own a small company, you may be considering structuring your business as a limited liability corporation or LLC. LLCs are seen as a favorable entity type by many business owners. The “limited ...

To qualify as an S-corporation, your company must meet the qualifying criteria, including that it has fewer than 100 owners and is a domestic company organized under the laws of one of the 50 states ...

The company was formed as an Arizona limited liability company that elected to be taxed as an S-corporation. Years later, the company was reincorporated as a C corporation in Delaware, although it is ...