Fact checked by Vikki Velasquez Reviewed by David Kindness A limited liability company (LLC) is a business structure that ...

Forming an LLC in 2025 shields your house, car, and other personal assets against business liabilities and mishaps. But, before you begin the formation process, it's a good idea to get a general sense ...

Understanding what not to do is crucial to avoid an audit. Below, I’ll share several actions LLC business owners make that ...

The LLC is a relatively newer form of business entity in the U.S. It was Wyoming that enacted the first formal LLC statute in 1977. The act amalgamated the beneficial features of a partnership and ...

Since the LLC is a relatively new legal form for businesses, federal and state governments are still looking at ways to tighten regulations concerning them. Unfortunately, some investment ...