The Limited Liability Company (LLC), a hybrid of the partnership and the corporation, has become a popular legal alternative for business owners. Now available in almost all states, the LLC combines ...

The sole proprietorship and limited liability company (LLC) business models are common options for businesses owned by an individual, although the LLC model can also function as a multi-owner ...

Members of a limited liability company are the owners of the LLC. One of the principal purposes for creating the LLC is to shield owners from financial liability related to the operations of the LLC.

When starting a business, one of the first big decisions you’ll face is choosing the right business entity. Should you go solo as a sole proprietor or form a Limited Liability Company (LLC)? Each ...

Under Regs. Sec. 1.752-2(a), limited liability company (LLC) members share recourse liabilities in the same proportions in which they bear the economic risk of loss with respect to the liability. In ...

If you are a member or manager of a New Hampshire limited liability company, or if you plan to form a New Hampshire LLC, you and your business advisers need to have a solid basic knowledge of LLC law ...