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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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
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Advantages of an LLC
Here are six of the reasons that limited liability companies have become a popular choice for small businesses.
· 3 min read
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Advantages and Disadvantages of LLC vs. LLP
LLC or LLP? The initials are nearly identical, but there are important differences between them as forms of business organization.
· 4 min read
