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 ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Registering a limited liability company (LLC) is a popular method for starting a business, ...

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 ...

Ownership changes can complicate the final partnership tax return of the average small business. Limited liability companies (LLCs) with multiple owners, known as members, can choose corporate or ...

The process of forming an LLC can be overwhelming. With different state laws, confusing documents, and strict filing deadlines, even small mistakes can lead to costly delays, rejected applications, or ...