What should an LLC be used for
A Limited Liability Company (LLC) is a popular business structure that provides a flexible and advantageous framework for various types of businesses. Here are some common uses and advantages of forming an LLC: Limited Liability Protection: Personal Asset Protection:...Should independent contractors become an LLC
Whether an independent contractor should become an LLC (Limited Liability Company) depends on various factors, and it’s essential to consider both the advantages and disadvantages. Here are some factors to consider: Advantages of forming an LLC: Limited...What is the difference between an LLC and a S Corporation
Both Limited Liability Companies (LLCs) and S Corporations are popular business structures in the United States, each with its own set of advantages and disadvantages. Here are some key differences between an LLC and an S Corporation: Taxation: LLC: By default, an LLC...The Dangers of a General Partnership
When two or more people agree to share profits and losses, a partnership has been formed. The business may have as many partners as agreed upon, with nothing more than a handshake or an oral agreement. In fact, state law provides that under such circumstances you have... Nancy J. Wolf, MBA Managing Member |
 Vincent J. Creo Managing Member |
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