LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

Ownership changes can complicate the final partnership tax return of the average small business. Limited liability companies (LLCs) with multiple owners, known as members, can choose corporate or ...

Ryan Eichler holds a B.S.B.A with a concentration in Finance from Boston University. He has held positions in, and has deep experience with, expense auditing, personal finance, real estate, as well as ...

Business News Daily provides resources, advice and product reviews to drive business growth. Our mission is to equip business owners with the knowledge and confidence to make informed decisions. As ...

John Edwards is a licensed attorney with experience in commodities and investments. He provides performance analysis of hedge funds and investors. Choosing between a limited liability company (LLC) ...

Jane Haskins practiced law for 20 years, representing small businesses in startup, dissolution, business transactions and litigation. She has written hundreds of articles on legal, intellectual ...

A limited liability company (LLC) and a corporation share similarities, such as providing limited liability protection for its owners. Both an LLC and a corporation appear as separate legal entities ...