When starting your limited liability corporation (LLC), one of the first things you’ll have to do is decide what kind of LLC you want to build. Some are small ventures run by one person or a family.

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, ...

If you’re a member of a limited liability company (LLC), do you have to pay self-employment taxes? That’s a darn good question. Our beloved Internal Revenue Code’s self-employment (SE) tax provisions ...

There are about 15,000 New Hampshire two-member LLCs in good standing. Because they face a lesser risk of veil-piercing than single-member LLCs, two-member LLCs can provide both of their members with ...

In a recent unpublished opinion filed by California’s Fourth District Court of Appeal — Alikhani v. Azartash — the court provided a reminder that under California’s governing LLC statutory scheme, ...

Limited liability companies, like partnerships both general and limited, are fundamentally creatures of contract law. The members agree with each other as to the business to be conducted by the LLC, ...

Most businesspeople who have formed any of the 80,000 New Hampshire LLCs currently in good standing have done so because LLCs are so easy to form and because they provide their members with liability ...

"The pick-your-partner principle reflects the notion that members of an LLC have the right to choose with whom they associate in business, because the trustworthiness, creditworthiness and ...

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Litigation between and among members in a limited liability company (LLC) can be, to say the least, complicated. Disputes over money usually are, but when a minority group of members believe that they ...

Actions taken within business entities are sometimes deemed invalid due to procedural defects. For corporations, section 119 of the Corporations Code establishes a clear procedure by which defective ...