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 ...

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 ...

An LLC can have either one owner, called a “member,” or multiple members. What Is an LLC: Taxation Options LLCs provide you with more flexibility when filing taxes than other business arrangements.

Profit Sharing Flexibility One advantage of a multi-member LLC is that its members may decide how to divide earnings. An LLC may choose how to share, not share, or distribute income in different ways, ...

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 ...

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 ...

Land is unique; there is no more of it being made. It’s for this reason families will hold tight to farms, ranches and coastal property for continued lifetime income, appreciation and, of course, ...

Rachel Williams has been an editor for nearly two decades. She has spent the last five years working on small business content to help entrepreneurs start and grow their businesses. She’s well-versed ...

Before starting a Limited Liability Company (LLC) you will no doubt want to learn how much it costs to start one. LLC costs vary by state, industry and business structure but typically will include ...