Not much, really. While the entity’s form and structure morph to an LLC, the rights and liabilities of the entity are generally unaffected. Under California’s statutes governing the conversion of an ...

Corporate tax without the corporation. An LLC allows a business to be taxed as a corporation without the hassles of a corporation’s business structure. LLCs are generally less expensive to operate, ...

A limited liability company is a relatively new business structure in the U.S., created under state statutes mostly during the 1980s and 1990s. But the Internal Revenue Service did not create a new ...

This article briefly introduces each of the principal business forms, namely corporations, partnerships, LLCs and sole proprietorships. You can also check out the chart in our Comparison of C corp, S ...

Many business owners don't realize the limited liability company structure has several variations. LLC, PLLC, foreign LLC, series LLC, member-managed LLC, manager-managed LLC — oh, my! Indeed, there's ...

Passthrough entities have received a lot of attention lately -- partially because 90 percent of businesses are structured this way. Most of these businesses are S corporations, limited liability ...

At some point in a business's lifetime, it may make sense to change its legal business structure. Recently during a webinar, a business owner asked me whether an LLC or corporation registered to ...