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) ...

When they incorporate, many businesses form as Limited Liability Companies (LLCs). An LLC is a corporate structure that’s a separate entity from the person(s) forming it. It also requires the owners ...

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 ...

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 ...

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 ...

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 ...

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 ...

Lawyers and developers working in decentralized finance (DeFi) are asking for a new limited liability legal entity in Australia that would represent decentralized autonomous organizations (DAOs). The ...

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 ...