Business Formation
There's more than one way to set up a business officially. Learn the differences between business types so you can pick the one that's right for you.
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Does a Comma Go in Front of LLC or Inc.?
There is no legally mandated punctuation in the title of an LLC, but that doesn't mean you shouldn't consider punctuation when naming your business.
· 3 min read
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Do I Have to Use LLC in the Business Name?
While the rules vary from state to state, it's worth knowing what they are before choosing a name for your LLC.
· 4 min read
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Can You Switch from an LLC to a Corporation?
Changing an LLC to an S-Corporation may offer tax and business advantages. It's also possible to file differently without changing entities.
· 4 min read
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Can You Hire Employees in an LLC?
When your one-person LLC gets big enough to need employees, you may have to update how it's taxed. If you understand your options, it's a simple process.
· 3 min read
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Can You Change a Sole Proprietorship to an LLC?
LLCs offer more protection, tax benefits, and other advantages that make them worth considering as business entities.
· 3 min read
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Can I Have More than One LLC?
Owning multiple LLCs can make sense in certain situations, but will require extra paperwork.
· 4 min read
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Can an S Corporation Be a Member of an LLC?
Because an S corporation must follow IRS rules—and an LLC, state laws—cross-ownership can be confusing. But it's possible in the right circumstances.
· 4 min read
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Can an S Corp. Own an LLC?
Given the differences between S corporations and LLCs, there may be some situations where it might be beneficial to have an S corporation own an LLC. Is this possible?
· 3 min read
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Can an LLC Be Taxed as an S Corporation?
An LLC can be taxed as an S corporation, but an S corp isn't always a good choice. Learn the tax options available to LLCs and the advantages and disadvantages of electing to be taxed as an S corp.
· 10 min read
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Can a Revocable Trust Be a Sole Member of an LLC?
To pass your property on to beneficiaries cost-effectively when you die, consider combining a revocable trust with an LLC. It's surprisingly simple.
· 3 min read
