Fact checked by Betsy Petrick If you operate a business where you're responsible for paying yourself, you'll probably have to choose between two business structures: a limited liability company (LLC) ...

Before opening a bank account for a limited liability company, you must establish it as a legal entity. Forming an LLC varies by state. But you can find a wealth of resources to help you no matter ...

As a business owner, it may be second nature to remember to pay your employees or adequately invest in your business. However, it’s just as important to compensate yourself for your contributions to ...

Filing taxes for your LLC as an S Corp allows an owner-operator to designate him- or herself as an employee of the LLC yet to still report the income of the business on their personal tax return. S ...

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