Are there exceptions to limited liability?
Yes. An owner may be held personally responsible if he or she: does something purposely illegal or clearly wrong, fails…read more
Yes. An owner may be held personally responsible if he or she: does something purposely illegal or clearly wrong, fails…read more
The LLC operating agreement specifies the working & financial relationship between the co-owners. It defines the percentages of ownership for…read more
LLCs both limit liability and grant pass-through tax status. This allows for more loss deductions and distribution of tax benefits…read more
LLCs are good for those who are concerned about personal exposure to lawsuits related to your company. The LLC organization…read more