Top Of The Week

Can i start an llc in a different state?

Usually, for U.S. residents.

Does a corporation reduce its taxes?

 Entrepreneurship is a lucrative career that can come with tax benefits.Many entrepreneurs wonder as to whether it...

What are 4 benefits of owning an llc?

Benefits of forming a limited liability company (LLC), separate legal identity As the owner of a transferred business...

Do small businesses use llc's?

Many small businesses are organized as limited liability companies, or LLCs, because an LLC offers the same liability...

Does a limited company protect me personally?

Like the shareholders of a corporation, all LLC owners are protected from personal liability for the debts and claims of...

Who pays less taxes llc or sole proprietor?

In tax terms, the biggest difference between a sole proprietor and an LLC is that an LLC has what is called tax...

Recent Posts

Is it worth having a limited liability company?

Probably the most obvious advantage of forming an LLC is the protection of your personal assets by limiting liability to...

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Why is an llc a good option for owning a business?

The simple and adaptable business structure of an LLC is perfect for many small businesses. While both corporations and...

Forming an LLC: Can You Do It Alone?

When starting a business, one of the first decisions you need to make is what type of legal structure to use. Many...

Is it better to be an llc or sole proprietor?

An LLC has several advantages in the areas of legal protection and liability. While there are filing fees for setting up...

Is it better to have an llc or self-employed?

If you want to operate your own business, forming a single-member LLC is a good idea to avoid personal liability for the...

What happens if an LLC is created and is not used?

Even if an inactive LLC has no income or expenses for a year, it may still have to file a federal income tax return. LLC...

What security does a public limited company have?

Understanding the limited liability protection of an LLC The owners' personal assets, such as cars, houses and bank...

Can i set up a limited liability company for free?

One of the most frequently asked questions we encounter is: "How much does it cost to set up an LLC?" This question is...

What are the advantages of a public limited company?

For a corporation, members are not personally responsible for the actions of the company. Another distinguishing feature...

Editors Picks

When to incorporate?

When to incorporate?

The creation of an LLC has several advantages that may or may not be important to a business owner. But, regardless of...

Should i apply for ein before llc?

Should i apply for ein before llc?

Yes, you can and should apply for an EIN number before creating your company. You must have an EIN so that the Internal...

Can you form an llc without a business?

Can you form an llc without a business?

Forming an LLC (limited liability company) can be a smart decision, even if you don't currently own a business, depending ...

What happens to an unused llc?

What happens to an unused llc?

Many states charge you annual fees to keep your LLC running. If you don't officially shut down the company, you'll still...

How much can be deducted in corporation tax?

How much can be deducted in corporation tax?

The Internal Revenue Service (IRS) limits the amount you can deduct for LLC start-up expenses. Under the uniform...

When to Form an LLC: A Comprehensive Guide for Business Owners

When to Form an LLC: A Comprehensive Guide for Business Owners

As a business owner, one of the most important decisions you will make is choosing the right legal structure for your...