LLCs
Navigate the world of Limited Liability Companies with ease. Find essential insights, expert advice, and practical tips tailored for LLCs. Whether you're starting fresh or fine-tuning your existing LLC, we've got you covered every step of the way!
RECENT ARTICLES
Loan Out Company: Unlock 5 Benefits
January 20, 2023 09:01 pm by LawInc Staff
Are you an actor, athlete, musician, model, producer, writer, YouTuber or other professional interested in forming a loan out company? Loan out companies can take the form of S corporations,...
Corporate Transparency Act: Historic New Corporation & LLC Law
January 18, 2023 01:01 am by Zach Javdan
In what is considered a historic legislative change, the Corporate Transparency Act (CTA) requires almost all new and existing corporations and LLCs to disclose ownership information directly to the U.S....
Corporate Transparency Act (CTA): How to Prepare
January 09, 2023 03:01 pm by LawInc Staff
Are you ready for the Corporate Transparency (CTA)? The CTA is a new law going into effect on January 1, 2024. The CTA applies to millions of corporations and LLCs...
Surprising Corporation and LLC Benefits
January 05, 2023 04:01 pm by LawInc Staff
Thinking about forming a corporation or LLC for your business, but are not sure if it’s worth the extra effort? If so, consider the following: Personal Asset Protection One of the greatest...
Can California Physicians use LLCs to Practice Medicine?
December 29, 2022 08:12 pm by LawInc Staff
Are you a California physician, starting a private practice, and looking for additional liability protection and tax savings? California Physicians Cannot Practice Medicine Using LLCs While most people in California are permitted...
What is an LLC?
December 28, 2022 03:12 pm by LawInc Staff
Consider an LLC if you are a business owner, or real estate investor looking for liability protection, tax savings and flexibility. Limited Liability Protection Limited Liability Companies (LLCs) can protect business owners...
Treasury Issues Historic Business Ownership Reporting Rules Impacting Millions
December 08, 2021 11:12 pm by Zach Javdan
Today, the U.S. Treasury Department’s crimefighting division, the Financial Crimes Enforcement Network (FinCEN), published a notice of proposed rulemaking (NPRM) concerning the Corporate Transparency Act (CTA), which is intended to...
How to Form an LLC Taxed as an S Corporation
November 23, 2021 11:11 am by LawInc Staff
The phrase “LLCs taxed as an S corporation” is a frequent source of confusion. The reason is that LLCs (also known as Limited Liability Companies) are technically different entity types than...
Corporate Transparency Act Penalties: $500/Day & Prison Time
November 10, 2021 03:11 pm by Zach Javdan
Since significant penalties are associated with willful noncompliance with the Corporate Transparency Act, it is important to comply if you have an existing corporation or LLC in the United States....