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

One of the main reasons that clients choose to form a limited liability company (LLC) is to protect themselves and their assets from the debts and liabilities that come with owning a business. Forming ...

Opinions expressed by Entrepreneur contributors are their own. Starting a new LLC (Limited Liability Company) can be a great way to establish your business and build a strong financial foundation. One ...

Limited liability companies, or LLCs, are legal business structures formed by filing documents with the state. The Internal Revenue Service automatically treats LLCs with more than one owner as a ...

You’re starting a new business. Your friend told you to set up a limited liability company (LLC). So you set one up and opened up a bank account. You’re ready to dive in. But you forgot one thing–how ...