When starting a business, one question is bound to come up: “Should I start an LLC?” There are several advantages to setting up a business as an LLC (limited liability company), but it’s not ...

or LLC, sits somewhere between a sole proprietorship and a corporation. But what exactly is it, and how much does it cost to start an LLC? An LLC offers business owners a simple, low-cost way to ...

You won't be able to claim a tax deduction if the startup costs in one or both areas exceed $50,000. Tax deductibility of LLC startup expenses is limited by the Internal Revenue Service (IRS). Your ...

A new ranking from Venture Smarter ranks the 50 states and Washington, D.C. by how easy it is to start a limited liability company, or LLC. Wyoming, Florida, and South Dakota top the ranking ...

LLC loans can be used for a wide range of purposes, including startup costs, working capital, inventory and equipment purchases, business expansion and debt refinancing. To qualify for an LLC loan ...

Tax deductibility of LLC startup expenses is limited by the Internal Revenue Service (IRS). Startup organization costs of $50,000 or less can be deducted up to $5,000. If you paid or incurred the ...

It may make sense to form an LLC first and convert it to a corporation later. To illustrate, let me tell you about a company I worked with a few years ago. It was an internet startup founded by 4 ...

A Detroit-based online furniture startup that has made a name for itself has been sold. The Eastern Market-based, ...