Business Entities

An LLC is a limited liability company, which is a type of legal entity that can be used when forming a business. An LLC offers a more formal business structure than a sole proprietorship or partnership. It also offers protection to the owner from personal liability for any of the debts that a business incurs. … Read more

The most common business formations in the US are limited liability companies (LLCs) and S corporations. Depending on the demands of the business owner, each offers a distinct set of benefits and drawbacks. Whether a S corp can own an LLC is one of the queries that business owners have the most frequently. This article … Read more