In this video, entitled, "Choice of Business Entity and Formation" created by Christine Benik of the Santa Clara University Entrepreneurs' Law Clinic, aspiring business owners and entrepreneurs can ...

Starting last January, the U.S. Department of Treasury’s Financial Crimes Enforcement Network has opened a portal for ...

Business formation is the process of establishing a legal entity to carry out a particular entreprise. The law provides several entity options, each with its own advantages and disadvantages.

Separates business and personal finances. • All income and expenses reported on personal 1040. • Can choose to be taxed as other entities. Cons of Single Member LLC • The formation process requires a ...

LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the ...

When you form an LLC, the business becomes a separate legal entity (reducing your risk in the process) and owns the business assets. LLCs also provide more options when it comes to tax treatment.