Dictionary of Legal Terms
What is a Limited Liability Company?
A limited liability company (LLC) is a corporate structure that is designed to limit its owners from personal liability, and is a hybrid entity that combines some of the characteristics of a corporation and partnership.
Can I Turn my LLC into an S Corp?
The short answer: usually yes. In-fact, this is rather common for today’s small businesses, as the tax benefits with S Corps are hard to ignore.Nov. 5, 2019
5 Key Provisions for Your LLC Operating Agreement
There’s no standard Operating Agreement that will work across the board. Different LLCs will have their needs, but here are some things to consider.Aug. 20, 2019
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