When starting your limited liability corporation (LLC), one of the first things you’ll have to do is decide what kind of LLC you want to build. Some are small ventures run by one person or a family.

Actions taken within business entities are sometimes deemed invalid due to procedural defects. For corporations, section 119 of the Corporations Code establishes a clear procedure by which defective ...

Limited liability companies, like partnerships both general and limited, are fundamentally creatures of contract law. The members agree with each other as to the business to be conducted by the LLC, ...

"The pick-your-partner principle reflects the notion that members of an LLC have the right to choose with whom they associate in business, because the trustworthiness, creditworthiness and ...

Many business owners don't realize the limited liability company structure has several variations. LLC, PLLC, foreign LLC, series LLC, member-managed LLC, manager-managed LLC — oh, my! Indeed, there's ...

Natalie Cusson is a small business owner with over 15 years experience in the creative arts. She's worked on ad campaigns for many trusted brands such as Nike, Subaru, Polaris, Red Bull and ...

A limited liability company (LLC) is a legal business structure that offers certain protections between your personal and business assets. More specifically, LLCs can help to protect your personal ...

In “business divorce” litigation involving LLCs, it is common to see a disgruntled LLC member asserting claims against the LLC’s manager. Depending on the type of harm alleged, those claims might be ...

If you’re a member of a limited liability company (LLC), do you have to pay self-employment taxes? That’s a darn good question. Our beloved Internal Revenue Code’s self-employment (SE) tax provisions ...

Most businesspeople who have formed any of the 80,000 New Hampshire LLCs currently in good standing have done so because LLCs are so easy to form and because they provide their members with liability ...

If you are a New Hampshire LLC member or manager 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 and tax in order for your ...