Single member limited liability companies are governed by state business laws, and state and federal tax laws. To avoid general liability, sole proprietors can take advantage of state statutes ...

A limited liability company is a type of business entity that is recognized in every state. The concept of the LLC structure is to give some legal protection to the owners, while keeping bookkeeping ...

A corporation isn't required to have a full team of c-suite executives and large, formal shareholder meetings. It is possible to be the sole shareholder, director and officer for your corporation.

(Editor’s note: “Ask the Attorney” is a VentureBeat feature allowing start-up owners to get answers to their legal questions. Submit yours in the comments below and look for answers in the coming ...

On August 28, 2017 the South Carolina Department of Revenue published Rev Rule #17-5, which updated Rev Rule #15-3 (the “Rev Rul”). The Rev Rul deals with the application of the deed recording fee on ...

Western Echosystems Technology, Inc. (Western) provided consulting services to GreenHunter Wind Energy ("the LLC") for the latter's wind turbine farm in Wyoming. The LLC, however, failed to pay ...

A limited liability company (LLC) is a legal business structure that offers certain protections between your personal and business assets. More specifically, LLCs can help to protect your personal ...

Donald J. Boudreaux, Jr., was the sole owner of a 100% membership interest in SCI Leasing, LLC. On October 19, 2017, Donald transferred a 5% interest in SCI to his father, Donald, Sr. Six months later ...

There are about 15,000 New Hampshire two-member LLCs in good standing. Because they face a lesser risk of veil-piercing than single-member LLCs, two-member LLCs can provide both of their members with ...