Sometimes a limited liability company, or LLC, has a year with no business activity. For example, a newly formed LLC might ...

Since the finalization of the IRS’s “check-the-box” entity-classification regulations nearly 30 years ago, a state law LLC ...

A court upheld the Internal Revenue Service's forced sale of a co-owned dental practice for one owner's tax debt.

An LLC is easier to set up than a corporation; however, corporations provide more personal liability protection. LLCs may elect not to pay federal taxes directly. Instead, their profits and losses ...

Vincenzo Villamena, CPA & founder of Entity Inc., helps global entrepreneurs with U.S. incorporation, tax filing and compliance.