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Understanding Community Property States: LLCs & Taxes

Though divorce can be a complex and costly process no matter where you live, getting divorced can look very different if you reside in what's known as a "community property state." Different states...

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​Does an LLC Have Stock & Shareholders?

An LLC or Limited Liability Company is a special tax classification issued to non-Corporate entities that allows them to assign members, but not designate shareholders. Even an LLC that is taxed as...

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Established LLCs: Don't Forget to Stay on Top of Records to Maintain Liability Protection

Once you've started your LLC, it can be tempting to wipe your hands, congratulate yourself on your accomplishment and step back thinking your shiny new legal business entity will take care of...

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Limited Liability & Business Insurance: Everything You Need to Know

Business insurance may seem like an added expense that isn't absolutely necessary, and therefore not essential to obtain. This is usually a mindset found in those business owners who don't...

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You Can Easily Understand LLC Management in 5 Minutes

Managing an LLC involves more than just being a member. One knows that an LLC is a simplified tax formation of a Corporation. This means that as an LLC member, you have some liability protection and...