Limited Liability Company

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Five Common Tax Mistakes Made by LLCs

Limited Liability Companies are a popular business structure due to their flexibility and their liability protections. However, a limited liability company (LLC) can also face a number of tax issues. If you own an LLC, it’s important to ensure your business remains...

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Understanding the Corporate Transparency Act

Signed into law in January 2021, the Corporate Transparency Act seeks to combat money laundering, corporate misconduct, and other illicit financial activities. The purpose of the Act is to increase transparency through the reporting of beneficial ownership information...

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Suing for Dissolution of a New York LLC

Many reasons exist for members to want to dissolve a Limited Liability Company (LLC). For example, financial problems, lack of business, and disagreements might mean it is impossible to continue operations. While members can voluntarily dissolve an LLC, the members...

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