Forming a new business is an expensive endeavor. Start-up costs often exceed an entrepreneur's cash on hand, so look for savings whenever possible. Limited liability companies -- or LLCs -- are ...

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 ...

LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

Dana Miranda is a Certified Educator in Personal Finance, creator of the Healthy Rich newsletter and author of You Don't Need a Budget: Stop Worrying about Debt, Spend without Shame, and Manage Money ...

In our first Vets to Ventures article, we provided the know-how to start your next mission of being an entrepreneur, and why veterans can make effective corporate leaders. Now, let’s discuss how the ...

In general, partners in a limited liability company file their taxes the same way they would if the business were a partnership. In fact, the Internal Revenue Service treats an LLC with multiple ...