If a business owner wants to operate as an LLC without shared ownership, the LLC becomes a single-member limited liability company (SMLLC). This structure is often selected to maintain some of the ...

LLC taxes are paid as a pass-through entity. This means that taxes are usually paid by members on their personal tax returns based on their ownership percentages. If you’re a single-member LLC ...

The number of members and any elections an LLC makes will determine the classification the IRS uses for the business when tax time rolls around. By default, a single-owner LLC is considered a ...

Sole Fitness is expanding into the virtual fitness space under the supervision of its new CEO, Brad White and new director of ...

Even if you have a single-member LLC with no employees, you may still want to operate with an EIN. Otherwise, you may be asked to provide your personal Social Security number for business purposes ...

Starting your own business as a sole proprietor? That’s exciting. It’s also a little bit scary when you think about it. But don’t let the worry consume you. This guide […] ...

Foreign LLCs can file in Alabama by following these steps: Wondering whether and how to start an LLC in Alabama if you’re planning to work alone? Consider creating a single-member LLC.

Being a sole trader means that you run your own business as an individual and are essentially self-employed. This is the most popular way of trading in the UK, with 4.24m sole proprietorships recorded ...

Mart Abramov, CEO of TaxScouts, shares the positives and negatives of being a sole trader or a limited company, so you can make the best choice for your growing business. One of the most important ...

Ta-Nehisi Coates is the author of The Beautiful Struggle, We Were Eight Years in Power, The Water Dancer, and Between the World and Me, which won the National Book Award in 2015. He is the ...

Lemon sole piccata is a wonderful summer dish because it perfectly balances light, fresh flavors with a touch of richness. The delicate texture of the sole pairs beautifully with the bright ...