Limited Liability Companies (LLC)

Advantages and Disadvantages of LLCs

A quick summary of the pros and cons of forming a Limited Liability Company (LLC)

What is a Single-Member LLC (SMLLC)?

An SMLLC combines the limited liability of a corporation with the tax benefits of a sole proprietorship.

How to Start an LLC in 6 Simple Steps

A simple LLC start guide, with answers to common questions.

How to Convert a Sole Proprietorship to an LLC

When you convert your sole proprietorship to an LLC, you formalize the business and enjoy limited liability.

Forming a Professional Limited Liability Company

A PLLC is a special kind of business entity available to licensed professionals.

What is an LLC Operating Agreement?

An operating agreement sets the rules for how you will run and manage your LLC.

LLC Management Structure: Member-Managed vs Manager-Managed

The owners of an LLC have the option to manage the company themselves or to bring in a third-party to handle the day-to-day affairs.

Can You Convert an LLC to a Corporation?

An LLC can transition to a corporation, but conversion might mean more paperwork and taxes.

How to File an LLC Annual Report or Corporate Report

In most states, you must file an annual or corporate report to keep your LLC in good standing.

How to Dissolve an LLC

Once you decide to close your LLC, you have a number of steps to take to protect your liability.