Paying Yourself from an LLC: Best Practices for Consistent Income
Paying yourself from an LLC is one of the most important steps in creating a consistent and reliable personal income as…
Transferring Ownership of Your LLC: A Step-by-Step Guide
Transferring the ownership of a Limited Liability Company (LLC) is a crucial process that requires proper planning and implementation. Whether…
What Is an L3C? The Hybrid Structure Combining Profit and Social Purpose
Interest in hybrid business models is growing rapidly as people realize the necessity of social work. They are setting up…
Step-by-Step Guide to Changing the Name of an LLC
The name of your LLC is an integral part of your company and is associated with many things. It might…
Understanding 1099 Contractor Rules for LLCs: Avoiding Costly Misclassification Mistakes
Imagine hiring a contractor for your LLC only to get hit with thousands in IRS fines later. Now, you owe…
Who Runs Your LLC? Comparing Member-Managed and Manager-Managed Structures
The business structure plays a vital role in the operations and regulatory requirements of a company. A Limited Liability Company…
The Defining Contrasts of LLP vs LLC. It‘s More Than Just a Letter
Choosing the right business structure is a crucial step for any company, especially when partners or members are involved. Among…
Essential Financial Record-Keeping for New LLC Owners: A Beginner’s Guide
To gain legal status in the United States, a local limited liability company must adhere to specific operational guidelines. Proper…
Key Considerations: Buying vs. Transferring a Car to an LLC
Accurately valuing assets is essential for an LLC, and vehicles can be one of the most significant assets. While many…
How to Dissolve an LLC in California?
Dissolution of a limited liability company (LLC) in California requires the formal process of ending a company. LLC dissolution refers…