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 ...

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 ...

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 ...

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, ...

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 ...

There are true and palpable advantages to conducting a commercial enterprise as a corporation, limited liability company or other similar “protective” structure. First, though, what exactly does ...

With the number of registered investment advisory firms at an all-time high, more financial advisors face a decision about what business entity to file as at the state and federal levels. The type of ...

Different types of businesses and business interests hold different levels of liability when it comes to debts and obligations. Owners of sole proprietorship businesses and general partnerships may be ...

Last week, I told you that trying to collect a debt owed to you by an insolvent limited liability entity from the owners of the entity was problematic — a steep legal hill to climb. That’s because 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. Choosing to use the ...

A decade after limited liability designations debuted in New York, accountants say they have become the entities of choice for new companies in the state. Limited liability designations fall under two ...