If you’re a member of a limited liability company (LLC), do you have to pay self-employment taxes? That’s a darn good question. Our beloved Internal Revenue Code’s self-employment (SE) tax provisions ...
Business owners seeking to limit their personal liability for the actions and debts of the company may structure the business as a limited liability partnership or as a limited liability company.
A limited liability company is a hybrid form of business ownership that combines the liability-protection benefits of corporations with the private ownership of partnerships or sole proprietorships.
The North Carolina Wage and Hour Act imposes liability on employers for failure to pay promised wages. The law is modeled after the federal Fair Labor Standards Act, and like the FLSA, individual ...
Opinions expressed by Entrepreneur contributors are their own. A corporation isn’t required to have a full team of c-suite executives and large, formal shareholder meetings. It is possible to be the ...
An LLC is a popular business structure that offers limited liability protection for the business owners and beneficial tax treatment. A limited liability company (LLC) is a popular business structure ...
Holders of a minority interest in a limited liability company typically have little to no influence in the management of the company. That being said, aside from their lack of managerial involvement, ...
Governor Christie signed into law last month the Revised Uniform Limited Liability Company Act (the Revised Act), which is the first significant overhaul of New Jersey’s laws governing limited ...
LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.
The Court of Federal Claims recently ruled that an interest in a Texas limited liability company (LLC) was not a limited partnership interest held as a limited partner for purposes of the passive loss ...