Forbes contributors publish independent expert analyses and insights. Head of McDermott Will & Emery’s U.S. & International Tax practice. This article is more than 10 years old. A joint venture (JV) ...

Tax practitioners should get familiar with hand­ling limited liability companies this tax season, as 85 percent of tax professionals responding to a recent poll reported that LLCs accounted for up to ...

The thought of “being your own boss” is sure exciting and if you plan to do it by setting up your business and are ready with a business plan, the next crucial step is deciding the right business ...

A limited liability company is a type of business entity and is often miscalled a limited liability corporation. Each business structure offers the business owners advantages and disadvantages when it ...

From early-stage startups to seasoned enterprises, businesses eventually form at least one legal entity to carry out their operations. Down the road, as opportunities arise for a business to expand, ...

From a legal perspective, business owners have several options for organizing and operating their business. Selecting the best option usually depends on three concerns — allocating management of the ...

IMGCAP(1)][IMGCAP(2)]Limited liability companies have become the entity of choice for small business owners and are commonly utilized by professionals in asset protection planning. Processing Content ...

Editor’s Note: Michael J. Parrish and Ryal W. Tayloe are members of the Litigation and the Construction Litigation Practice Groups at Ward and Smith, P.A. Limited liability protection offered by ...

Bruce Ely, James Long Jr. Although every LLC, limited partnership or other pass-through entity doing business in Alabama, and even those simply organized under Alabama law, are subject to an annual ...

The artist Christo sets up all his projects as limited liability corporations. Photo by Tim P. Whitby/Tim P. Whitby/Getty Images for Serpentine Galleries With an eye on protecting themselves from one ...