Tom Speranza, J.D.
Freelance writer
More From This Author
Adding Partners to an LLC
When adding a new partner to an LLC, you must review the company's formation documents and understand the tax implications to figure out exactly…
How to Withdraw Money From a C Corporation
The shareholders of a C corporation can withdraw money from a C corporation in the form of salaries paid and benefits provided to shareholder-…
How to Find an Owner of an LLC
Finding out who owns an LLC is often difficult because most states don't require that information to be made public. If you need to know who an LLC's…
How Do I Get an Illinois State ID Number for an LLC Company?
A limited liability company (LLC) that conducts business in Illinois or has employees in the state must register with the Department of Revenue to…
How to Record an S Corporation Stock Sale
S corporations file an election with the IRS to be taxed as partnerships. If an S corp. issues new stock or an existing shareholder wants to sell…
Registered vs. Unregistered Trademark
Trademark rights can arise from federal registration or through use in commerce. Before incurring the expense of registration, a business should…
What Is the Liability of a Resident Agent for an LLC Company?
Every LLC must have a resident agent in the state in which it forms and in every other state where it does business. Learn about who can serve as a…
How to Change Ownership in an S Corporation
S corporations function like regular corporations when they issue new stock or transfer existing shares. To preserve the company's S election, each…
S Corp. vs. LLC in Texas
Many small businesses in Texas consider forming as an S corporation or limited liability company. Understanding the important legal and operational…
How to Make My LLC a Parent LLC
An LLC becomes a parent when it owns a subsidiary. Forming another entity as a subsidiary is a process that requires consideration of various factors…