LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the previous year.

The government has reversed a decision to hike taxes on private equity firms by ditching changes to the tax treatment of ...

It’s 2025, and with it come major tax law changes for LLC owners. It’s crucial to stay in compliance and understand the ...

Learn how the UK could face double US taxes if Trump acts on LLC tax discrimination affecting UK citizens and businesses.

For example, your business might be an LLC (limited liability company), or it could be a corporation or partnership. Each one of these impacts the sale, and the tax you owe, in a different way.

Sole proprietors file small business taxes on their individual tax returns using Schedule C to outline the profit or loss from the business. Limited liability company (LLC) The IRS governs taxation ...

A family limited liability company (LLC) protects the assets of a family business from creditors. An LLC offers the protection of a corporation with the tax structure of a partnership. A family ...

No estate tax was owed upon either parent’s death ... by holding the general partnership interest in a limited liability company (LLC) that is owned and controlled by the parents.

and forming a limited liability company is relatively easy.” Wyoming’s, Florida’s, and South Dakota’s rankings also benefit from each state’s relatively good business tax climate.