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LLC Resources

Can an LLC Issue Stock?

Can an LLC Issue Stock?

Carolyn Young

Published on April 3, 2023

If you are considering forming a limited liability company (LLC) or already have, you may wonder if your LLC can issue stock. Unfortunately, theshor ...

Can an LLC Borrow Money from a Bank?

Can an LLC Borrow Money from a Bank?

Carolyn Young

Published on April 3, 2023

Legally speaking, a limited liability company (LLC) is a separate entity from its owners. Because of this, it can enter into contracts, ownproperty, ...

How Do Limited Liability Companies Pay Taxes?

How Do Limited Liability Companies Pay Taxes?

Carolyn Young

Published on April 3, 2023

Taxes are an inevitable part of business ownership, but they’re not the same for every business. The entity you choose when you form your companyd ...

How to Buy a Car Under an LLC

How to Buy a Car Under an LLC

Carolyn Young

Published on April 3, 2023

If you have a limited liability company (LLC) and want to purchase a company vehicle, you may be able to buy the car in the name of your LLC. Therea ...

LLC Examples: Discover 8 Well-Known Companies Operating as LLCs

LLC Examples: Discover 8 Well-Known Companies Operating as LLCs

Carolyn Young

Published on April 3, 2023

Many entrepreneurs form a limited liability company (LLC) due to its many benefits. But did you know that some of the world’s biggest andbest-know ...

Most Common LLC Tax Deductions (Write-Offs)

Most Common LLC Tax Deductions (Write-Offs)

Carolyn Young

Published on April 3, 2023

No one likes taxes, but who doesn’t like paying less? So if you’ve recently formed a limited liability company (LLC), you should learn all youca ...

How Are Profits Split in an LLC?

How Are Profits Split in an LLC?

Carolyn Young

Published on April 3, 2023

If you’re forming a limited liability company (LLC) with other owners, you’re probably thinking about how profits will be split. The good newsis ...

LLC vs. Trust: What is the Difference?

LLC vs. Trust: What is the Difference?

Carolyn Young

Published on March 14, 2023

When starting a business, you might decide which business entity to form. One of the more popular options is a limited liability company, or LLC,due ...

Wyoming vs. Delaware LLC: Which State is Better?

Wyoming vs. Delaware LLC: Which State is Better?

Carolyn Young

Published on March 14, 2023

Some states have more favorable LLC and business laws than others, so in certain circumstances, it may be beneficial to form your LLC in one ofthose ...