LLCs may elect not to pay federal taxes directly. Instead, their profits and losses can be reported on the personal tax returns of the owners. Or, the LLC may choose to be classified as a ...

Many entrepreneurs allow their LLCs to go year after year without filing a tax return, believing there wasn’t enough income to require filing or there was no income at all. However, forming an ...

Tennessee has seen a huge surge in the formation of new businesses. Here’s what you need to know to form an LLC.