LLCs

Navigate the world of Limited Liability Companies with ease. Find essential insights, expert advice, and practical tips tailored for LLCs. Whether you're starting fresh or fine-tuning your existing LLC, we've got you covered every step of the way!

RECENT ARTICLES

Consider California LLC gross receipts tax whenever forming an LLC in CA

What is California's LLC Gross Receipt Tax?

November 16, 2023 01:11 pm by Zach Javdan

California levies an annual gross receipts tax on LLCs operating in the state based on their total gross receipts. This tax is in addition to the $800 minimum franchise tax....

Confident female entrepreneur standing in her California LLC business.

7 California LLC Formation Advantages

November 03, 2023 01:11 pm by LawInc Staff

California LLC formation offers various critical benefits to individuals looking to start a California business or invest in California real estate. Consider the following if you are considering a new California...

Loan out companies include corporations and LLCs

Loan Out Company: Unlock 5 Benefits

January 20, 2023 09:01 pm by LawInc Staff

Are you an actor, athlete, musician, model, producer, writer, YouTuber or other professional interested in forming a loan out company? Loan out companies can take the form of S corporations,...

The Corporate Transparency Act Requires Corporations and LLCs to Disclose Beneficial Ownership Information

Corporate Transparency Act: Historic New Corporation & LLC Law

January 18, 2023 01:01 am by Zach Javdan

In what is considered a historic legislative change, the Corporate Transparency Act (CTA) requires almost all new and existing corporations and LLCs to disclose ownership information directly to the U.S....

Preparing for the Corporate Transparency Act (CTA)

Corporate Transparency Act (CTA): How to Prepare

January 09, 2023 03:01 pm by LawInc Staff

Are you ready for the Corporate Transparency (CTA)? The CTA is a new law going into effect on January 1, 2024. The CTA applies to millions of corporations and LLCs...

Corporations and LLCs have many important benefits

Surprising Corporation and LLC Benefits

January 05, 2023 04:01 pm by LawInc Staff

Thinking about forming a corporation or LLC for your business, but are not sure if it’s worth the extra effort? If so, consider the following: Personal Asset Protection One of the greatest...

California Physicians Cannot Use LLCs to Engage in the Practice of Medicine

Can California Physicians use LLCs to Practice Medicine?

December 29, 2022 08:12 pm by LawInc Staff

Are you a California physician, starting a private practice, and looking for additional liability protection and tax savings? California Physicians Cannot Practice Medicine Using LLCs While most people in California are permitted...

What is a Limited Liability Company

What is an LLC?

December 28, 2022 03:12 pm by LawInc Staff

Consider an LLC if you are a business owner, or real estate investor looking for liability protection, tax savings and flexibility. Limited Liability Protection Limited Liability Companies (LLCs) can protect business owners...

FinCEN Beneficial Ownership First Rule

Treasury Issues Historic Business Ownership Reporting Rules Impacting Millions

December 08, 2021 11:12 pm by Zach Javdan

Today, the U.S. Treasury Department’s crimefighting division, the Financial Crimes Enforcement Network (FinCEN), published a notice of proposed rulemaking (NPRM) concerning the Corporate Transparency Act (CTA), which is intended to...

How to Form an LLC Taxed as an S Corporation

How to Form an LLC Taxed as an S Corporation

November 23, 2021 11:11 am by LawInc Staff

The phrase “LLCs taxed as an S corporation” is a frequent source of confusion. The reason is that LLCs (also known as Limited Liability Companies) are technically different entity types than...