A limited liability company (LLC) is a pass-through entity that passes profits and losses to members for tax purposes, meaning members must pay their share of LLC profit taxes on their personal ...

For nearly a decade, Toni Matthews-El has published business topics ranging from cloud communication software to best steps for establishing your own LLC. In addition to Forbes Advisor ...

This guide breaks down everything you need to know about your LLC articles of organization. To become a recognized LLC, you have to file a form with your state (and sometimes local) government.

Although the arrangements share characteristics, distinct differences exist between them. Notably, an LLC can opt for S-corp classification for tax purposes. Therefore, it’s essential to compare ...

She’s well-versed in the intricacies of LLC formation, business taxe... Rachel Williams has been an editor for nearly two decades. She has spent the last five years working on small business ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Erin Gobler is a personal finance coach and a writer with over decade of ...

Westend61 / Getty Images A limited liability company (LLC) is a type of business structure taxed like a partnership or sole proprietorship, where taxes are reported on the owners' personal tax ...

Two of the most popular options are sole proprietorship versus LLC. This choice determines whether your business is separate from you as a business owner, with pros and cons to consider either way.

An LLC operating agreement puts in place the person or persons who are responsible for the daily operation of the business or collection of rents, payment of expenses and division of revenue.

With no monthly fees and unlimited transactions, Bluevine’s online business checking account is a great option for LLCs that want to manage their finances digitally. This high-yield account also ...