California’s statutes governing LLCs and general partnerships include “safe harbor” provisions making it easier for third parties to rely on the apparent authority of an LLC’s manager or a partnership ...

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 rarely litigated provision of the New York Limited Liability Company Law (the “LLC Law”), Section 1006, authorizes the conversion of a general or limited partnership to a New York LLC through a ...

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.

A limited liability company (LLC) is a legal business structure that offers certain protections between your personal and business assets. More specifically, LLCs can help to protect your personal ...

Opinion: Texas LLC and partnership agreements can no longer rely on background legal norms to police discretion or fill gaps.

The LLC may be taxed as a C-corporation or an S-corporation instead of a sole proprietorship or partnership. Owners of limited liability companies (LLCs) may take advantage of corporate taxation to be ...

One is less expensive, while the other provides more legal protections. Here’s how to decide. Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is ...