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limited liability company

— By Alex HurstOctober 11, 20170 Comments

The Serious Uncertainties Surrounding Series LLCs

Much as the limited liability company (LLC) took the country by storm in the early 1990s, forever changing the American landscape of corporate governance and small business taxation, a new type of entity is proliferating from state to state: the protective series LLC. Originally developed…

— By Jim BorchersAugust 20, 20123 Comments

Doing Business As a Corporation? You’re Living in the Past

So, your family business has been a corporation forever. All these years you’ve been dutifully filing your annual report with the Missouri Secretary of State’s office along with your annual fee; and filing the mandatory annual franchise tax return (even though you don’t owe any…

— By Jim BorchersAugust 7, 20120 Comments

Sole Proprietor? Forming an LLC Is Easy and Inexpensive

You’re a sole proprietor. It’s simple, uncomplicated and inexpensive, and best of all you don’t need an attorney. But it’s a little scary that everything you own is at risk for your business decisions. Out of curiosity you corner an attorney at a Rotary or Chamber…