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Business entity type and tax structure impact your organization’s finance and compliance requirements. Two popular choices are limited liability companies (LLCs) and S-corps. Although the arrangements ...

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 (LLC) is a business that offers management flexibility, pass-through taxation and, in most cases, personal asset protection during bankruptcy or lawsuits. Often, your home ...

When you're starting a small business on your own, choosing a setup - or business structure - can seem daunting. As a business owner, you'll most likely first choose whether to run your business as a ...

Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. David Kindness is a Certified Public Accountant (CPA) and an expert ...

Professional help may sometimes be necessary, but it only works when you understand your business needs and the problems that ...

A Limited Liability Company (LLC) is one of the most popular ways to legally structure your small business. There's a good reason for that — forming your business as an LLC helps protect your personal ...

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...

Knowing which expenses your LLC can deduct is fundamental to maintaining healthy business finances. Every legitimate business expense you properly document and deduct reduces your taxable income, ...

Many banks offer accounts for LLCs. We recommend Lili, U.S. Bank, and Grasshopper due to their competitive features and high APYs.

David Straughan is a content manager and veteran journalist who specializes in the automotive and finance industries. He combines rigorous data analysis, exhaustive research and conversations with ...