In Sirius Solutions, the court rejected a participation-based test for self-employment tax, finding that limited liability, ...

Learn about internal claims—legal demands against a company's assets, not the owners'. Explore how they work, their benefits, ...

When they incorporate, many businesses form as Limited Liability Companies (LLCs). An LLC is a corporate structure that’s a separate entity from the person(s) forming it. It also requires the owners ...

The artist Christo sets up all his projects as limited liability corporations. Photo by Tim P. Whitby/Tim P. Whitby/Getty Images for Serpentine Galleries With an eye on protecting themselves from one ...

A seasoned small business and technology writer and educator with more than 20 years of experience, Shweta excels in demystifying complex tech tools and concepts for small businesses. Her work has ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Limited liability is “a basic and fundamental rule of ...

Opinions expressed by Entrepreneur contributors are their own. When choosing a small business structure, many owners go for a limited liability company (LLC) because of the protection from liabilities ...

As to the parties to a trust relationship, there are two categories of limited liability apropos trust administration: internal and external. Fiduciary liabilities of the parties vis-à-vis one another ...

Mitchell Zingman explains how a recent New York Civil Court decision held that RPAPL 735 does not permit substituted service on limited liability companies, potentially forcing landlords to use more ...