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LLC vs.

LLC Form

If you are looking to change the face of your company by limiting personal liability without the tax ramifications of a corporation, consider forming a limited liability company, or LLC. Why an LLC instead of a limited partnership, S corporation, or traditional corporation?

LLC's have become popular in a variety of businesses, from real estate brokerages and investment companies, to the sole proprietors operating computer repair shops. LLC's offer the best of both worlds, combining features of both a corporation and limited partnership.

The Limited Liability Company is actually a relatively new business structure, created to provide greater flexibility over S corporation provisions. This allows business owners protection from personal liability similar to a corporation, while still providing management flexibility.

The creation of an LLC exists at the state level. These respective statutes may vary somewhat from state to state, but are fairly uniform. LLCs are treated as partnerships by federal tax code, meaning a direct pass-through of profits or losses for your business for tax purposes. This removes your business venture from receiving the dreaded one-two tax punch, first on corporate profits, then on your personal income derived from the company.

3-Step LLC Formation

  • Complete the Questionnaire
    Fill out an easy-to-follow questionnaire, which was created by experienced attorneys.
  • Review and Processing
    Your answers will be reviewed for completeness and accuracy, documents prepared, and Articles of Organization filed with the appropriate Secretary of State.
  • Final Wrap-Up
    You will receive your LLC documents by mail with easy to follow instructions to finalize your formation.

LLC Information

In the Press

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