Limited liability companies can be set up by individuals or companies. One reason that the LLC structure appeals to both ownership types is that the IRS allows the LLC to act as a pass-through for tax ...

Sometimes a limited liability company, or LLC, has a year with no business activity. For example, a newly formed LLC might not have started doing business yet, or an older LLC might have become ...

U.S. state statutes often permit the formation of limited liability companies (LLCs) as a business structure also recognized by the Internal Revenue Service (IRS). Each state can have different rules ...

LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the previous year. Sometimes a limited liability company, or LLC, has a year with no ...