A limited liability company (LLC) is a type of business structure that protects its owners from personal risk while offering the flexibility of a small business and the tax advantages of a ...

Sole proprietorships are simpler to start and manage but LLCs offer you that layer of protection by separating your personal ...

Accountants and tax professionals need to be ready to help their clients choose the right type of business entity.

OpenAI has announced that it will be altering its corporate structure to create a public benefit corporation that will be ...

or LLC. This business structure gives you limited liability protection similar to a corporation, plus the flexibility of a sole proprietorship or partnership, making it a popular choice for small ...

Our guide outlines the top business structures for Michigan entrepreneurs, their pros and cons, and how to decide on the ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert.