What LLC Means? A Simple Explanation
LLC stands for limited liability company. It is a type of business structure that has both the personal asset protection of a corporation combined with the flexible tax options of a partnership. Learn more about what LLC means with this comprehensive guide. What LLC Means? LLC stands for Limited Liability Company. It is a type […]
What to Do With an LLC When Someone Dies
The question of what happens to an LLC when someone dies can be an important one. Fortunately, there are some clear steps you can take to ensure the legal paperwork is properly addressed and the business remains in good standing. We’ll explain what documents you need to fill out and how to handle the transition […]
Which LLC is Best for Your Needs?
LLCs are a popular choice for businesses due to their flexibility and the protection they can offer from liabilities. When deciding which type of LLC is best for you, it’s important to understand the different LLC structures available and the advantages and disadvantages of each. Consider Your Asset Protection Needs. When exploring different types of […]
What You Need to Know About Setting Up a Limited Liability Company
Starting up a Limited Liability Company (LLC) can provide important business protection and potentially reduce to your tax liability. However, not all state LLC statutes are the same. And the protection afforded an LLC largely depends on how a person sets it up and uses it. What is a limited liability company? A limited liability […]
