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 ...

Karla Dennis, EA, MST, is CFO/CEO of the award-winning tax accounting firm KDA Inc.—specializing in tax planning. It’s 2025, and with it come major tax law changes for LLC owners. It’s crucial to stay ...

Limited Liability Companies give business owners a unique blend of liability protection and some real tax flexibility. The main tax perk of an LLC is pass-through taxation, which lets profits flow ...

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 ...

While it’s true that you want to keep essential records, don’t be afraid to toss out what you don't need. Here's your quick guide to what to keep and what to throw out after Tax Day. Some taxpayers ...