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 ...

The North Carolina Wage and Hour Act imposes liability on employers for failure to pay promised wages. The law is modeled after the federal Fair Labor Standards Act, and like the FLSA, individual ...

A federal tax lien attaches to all real and personal property of a taxpayer at the time an assessment is made by the Internal Revenue Service and continues until the liability is paid or becomes ...

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 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 ...

The laws governing the formation of a limited liability company are virtually the same in all states, according to "Form Your Own Limited Liability Company" by Anthony Mancuso. A concerted effort is ...

In a highly anticipated opinion released in April 2019, the Wisconsin Supreme Court clarified the liability of individual members of limited liability companies (“LLCs”) to the LLC and the other ...

A single-member LLC is a limited liability company owned by one partner. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain ...

Forming a limited liability company (LLC) is one of the most convenient ways to start a small business, but there are several LLC advantages and disadvantages to consider before you take this step.

Q: Four business associates and I created a New Hampshire limited liability company (LLC). In recent months, one of the members of the LLC has been unreasonably demanding, erratic and hostile toward ...