If you are the owner of an LLC and want to file the correct tax return for your business, the job starts with gathering the right documents. You’ll need records to validate all your business’s income, ...

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 ...

Ownership changes can complicate the final partnership tax return of the average small business. Limited liability companies (LLCs) with multiple owners, known as members, can choose corporate or ...

LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.