LLC

Read up on the many advantages related to launching a limited liability company (LLC).

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What is the owner of an LLC called?
You aren’t required to use any particular title, but you do need to make sure that the title you choose is appropriate and doesn’t mislead anyone.
March 21, 2024 · 3 min read
Can you change a sole proprietorship to an LLC?
LLCs offer more protection, tax benefits, and other advantages that make them worth considering as business entities.
March 21, 2024 · 3 min read
Can an S corporation be a member of an LLC?
Because an S corporation must follow IRS rules—and an LLC, state laws—cross-ownership can be confusing. But it's possible in the right circumstances.
March 21, 2024 · 4 min read
The basics of LLC guaranteed payments
LLC members can receive either profit-sharing distributions or a nonsalary payment known as guaranteed income.
March 21, 2024 · 2 min read
How to add capital contributions to an LLC
Funding your LLC—whether at startup or later down the road—is easy: member contributions. But there's a harder part: keeping your records straight and fair.
March 21, 2024 · 3 min read
Can I have more than one LLC?
Owning multiple LLCs can make sense in certain situations, but will require extra paperwork.
March 21, 2024 · 4 min read
Can an LLC be taxed as an S corporation?
An LLC can be taxed as an S corporation, but an S corp isn't always a good choice. Learn the tax options available to LLCs and the advantages and disadvantages of electing to be taxed as an S corp.
March 21, 2024 · 11 min read
Does an LLC need to have a president or CEO?
Although laws surrounding LLCs don't require you to name a president or CEO, having a designated head may help clarify the roles and duties.
March 21, 2024 · 2 min read
Can a revocable trust be a sole member of an LLC?
To pass your property on to beneficiaries cost-effectively when you die, consider combining a revocable trust with an LLC. It's surprisingly simple.
March 21, 2024 · 3 min read
Piercing the corporate veil: Understanding the limits of LLC protection
An LLC protects your personal finances from the business' creditors, but that protection can disappear if you don't follow certain rules. Find out how and when the corporate veil can be pierced and what it could mean for you.
March 21, 2024 · 2 min read

LLC

What is the owner of an LLC called?

Can you change a sole proprietorship to an LLC?

Can an S corporation be a member of an LLC?

The basics of LLC guaranteed payments

How to add capital contributions to an LLC

Can I have more than one LLC?

Can an LLC be taxed as an S corporation?

Does an LLC need to have a president or CEO?

Can a revocable trust be a sole member of an LLC?

Piercing the corporate veil: Understanding the limits of LLC protection

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