Corporate tax without the corporation. An LLC allows a business to be taxed as a corporation without the hassles of a corporation’s business structure. LLCs are generally less expensive to operate, ...

When they incorporate, many businesses form as Limited Liability Companies (LLCs). An LLC is a corporate structure that’s a separate entity from the person(s) forming it. It also requires the owners ...

The Revised Arizona Limited Liability Act ("New Act") has been effective since September 1, 2019 for new limited liability companies ("LLCs"). It now becomes effective for any existing LLCs on ...

Fifty years ago Milton Friedman declared that "the social responsibility of business is to increase its profits." The anniversary of that proclamation occasioned a flurry of commentary about what, if ...

Please provide your email address to receive an email when new articles are posted on . The reality of orthopedic practice in the 21st century is that lawsuits and liability lurk in the background for ...

Limited liability companies, like partnerships both general and limited, are fundamentally creatures of contract law. The members agree with each other as to the business to be conducted by the LLC, ...

In a recent Mitchell Williams Blog we highlighted Arkansas’ enactment of the Uniform Limited Liability Company Act (the “ULLCA”), and pointed out some of the differences between the ULLCA and Arkansas ...

Opinions expressed by Entrepreneur contributors are their own. When choosing a small business structure, many owners go for a limited liability company (LLC) because of the protection from liabilities ...