Oct 9, 2025 · Review information about a Limited Liability Company (LLC) and the federal tax classification process.

Many jurisdictions—including Alabama, California, Kentucky, Maryland, New York, Pennsylvania, Tennessee, and Texas —levy a franchise tax or capital values tax on LLCs. In essence, this …

Limited liability company (LLC) forms an LLC to run a business or to hold assets to protect its members against personal liabilities.

May 1, 2025 · What Is a Limited Liability Company (LLC)? A limited liability company (LLC) is a business structure in the U.S. that protects the assets of its owners from lawsuits and creditors concerned with...

Sep 8, 2025 · Ready to Set up Your LLC? An LLC (limited liability company) is a common business structure for small businesses, entrepreneurs and freelancers. But there are a lot of misconceptions …

Nov 22, 2025 · What is a limited liability company? A limited liability company (LLC) is a business structure that protects owners' personal assets from business debts and lawsuits while offering …

Sep 24, 2025 · Forming an LLC is the simplest way of structuring your business to protect your personal assets in the event your business is sued. An LLC is the most popular business structure chosen by …

Nov 25, 2024 · What is an LLC? Pros, cons, and steps on how to form a limited liability company. A limited liability company (LLC) is a popular business structure for many small business owners. It …

Limited Liability Company (LLC) is a non-incorporated business organization that retains elements of both partnerships and corporations. The LLC form allows a lot of flexibility in arranging the …

Jul 11, 2025 · In simple terms, an LLC protects your personal assets from a lawsuit. This business structure is regulated by individual state laws, which vary significantly for every state. Unlike other …