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 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 ...

If you’re thinking about starting a business, you’ve probably heard a lot about LLCs, or limited liability companies. They’re becoming a hot topic, and for good reason. An LLC can offer a mix of ...

Learn about phantom income, a taxable gain not received by individuals or partnerships, its types, how it affects taxes, and ...