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Should you operate your business as a corporation? Or is there another, simpler alternative? You've probably noticed that in the past decade there are more and more businesses with their names followed by the letters "LLC" instead of "Inc.". "LLC" stands for Limited Liability Company, is the newest type of legal entity that exists in the United States, and for many
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Bulletproof" Your Wealth with Family Limited Partnerships and LLC's A limited partnership is a partnership that has at least one limited partner and one general partner. Most states require the filing of a certificate with the state in order to be recognized as a limited partnership.The limited partners generally have no liability beyond their contribution to the partnership. If the limited
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The short answer is yes...if your business is located in Nevada.
Otherwise, your best bet is to http://www.llc-made-easy.com">form your business
entity in the state where your business operates.
There many myths about forming Nevada LLCs and corporations. One
such myth is that you can avoid paying federal income tax by
incorporating in Nevada. That's completely untrue. There is no
way to avoid federal income taxes other than
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