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November 19, 2017

A Limited Liability Company (LLC) is often described as the combination of a partnership and a corporation. This is because an LLC combines the tax advantages and management flexibility of a partnership with the liability protection of a corporation.

Forming an LLC has...

November 19, 2017

Accountant LLC
Accountants & Tax Preparers
Being an accountant isn't as easy as it used to be. Now, you face competition from many fronts - including Internet tax services, at-home software programs, and more. One of the ways to combat this infringement on your territo...

August 9, 2017

Checklist for Operating an LLC

GENERAL:

Under what state law will the LLC be formed? 
What is the name of the LLC? 
Has the name been checked with the Secretary of State? 
What is the purpose of the LLC? 
What is the term of the LLC? 
Is the LLC member managed or manag...

May 19, 2017

Like the owners of sole proprietorships and partnerships, LLC owners report business income and losses on their personal tax returns. 

An LLC is not a separate tax entity like a corporation; instead, it is what the IRS calls a "pass-through entity," like a partnership...

January 7, 2016

Your spouse can be an employee, an independent contractor, or a member of your LLC (limited liability company). 


If you own a single-member LLC, you can run into liability and tax headaches if your spouse helps out regularly. 

As a practical matter, spouses can help o...

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November 20, 2017

November 19, 2017

November 19, 2017

November 19, 2017

November 19, 2017

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