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Investopedia / Michela Buttignol A limited liability company (LLC) is a type of business structure that protects its owners from personal risk while offering the flexibility of a small business ...
For example, Karim invested £15,000 when setting up a plumbing business and he owns 100% of the shares. If the business went £50,000 into debt, limited liability would mean that Karim would only ...
A Limited Liability Company (LLC) is one of the most popular ways to legally structure your small business. There's a good reason for that — forming your business as an LLC helps protect your ...
Limited liability companies ... holding multiple properties inside of just one LLC subjects all of the properties to vicarious cross-liability. For example, if a problem happens with one LLC ...
The main difference between unlimited and limited liability is the level of risk that a business owner is willing to take. Having unlimited liability is a bigger risk for any business owner than ...
A limited liability company (LLC) offers liability protection and tax credits that benefit small businesses. For example, in Pennsylvania, your LLC might be eligible for tax advantages ...
Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like ...
With no monthly fees and unlimited transactions, Bluevine’s online business checking account is a great option for LLCs that want to manage their finances digitally. This high-yield account also ...
Michael Puzyk and Paul Buonaguro of McCarter & English LLP discuss Responsible Person Liability by which the IRS can pursue ...