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 structure that helps shield the personal assets of the business owner or owners in the event of a lawsuit, legal judgment, or bankruptcy. This article ...

While you may have initially opted for the sole proprietorship or partnership structure for your startup business, these structures may not be practical once your business begins to grow and expand.