A limited liability company is a relatively new business structure in the U.S., created under state statutes mostly during the 1980s and 1990s. But the Internal Revenue Service did not create a new ...

Sometimes, an accountant’s error is open for all the world to see, as in the wrong envelope handed over by the PwC accountant at the Oscars on Sunday night. At ...

Passthrough entities have received a lot of attention lately -- partially because 90 percent of businesses are structured this way. Most of these businesses are S corporations, limited liability ...

Single entrepreneurs own a large number of small businesses in the United States. While many businesses continue to operate as sole proprietorships, the benefits of organizing a single member limited ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Amidst the chaos of starting a company, entity structure ...

At some point in a business's lifetime, it may make sense to change its legal business structure. Recently during a webinar, a business owner asked me whether an LLC or corporation registered to ...

Opinions expressed by Entrepreneur contributors are their own. Among the many decisions you need to make when launching a business is selecting a business structure. If you do nothing, your business, ...