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Learn how LLC distributions work, including how to split profits, manage taxes for single-member and multi-member LLCs, and maintain clean records.

Learn how phantom equity plans incentivize and retain key employees without diluting ownership. This guide covers mechanics, tax implications, and crucial risks for private companies considering implementation.

Profits interest can give LLC members a share of future growth with tax-free grants and long-term capital gains treatment. Learn how to set up and manage them.

IRS Form 1065 helps LLCs report partnership income, prepare Schedule K-1s, and accurately file an annual tax return.

A Schedule K-1s is a key tax document used by LLCs and other pass-through entities. In this article, we cover important due dates, filing information, and what to include in a Schedule K-1 form.

Learn how LLC taxation works, what makes LLCs “pass-through” entities, how different types of equity are taxed, and why LLCs avoid double taxation.

Learn about the Corporate Transparency Act (CTA) for private companies, including reporting requirements, filing penalties, and possible exemptions. Download a free compliance checklist to get started.

Learn about LLC membership interests, when they can be issued, and how to transfer units among members. We'll also cover the differences between membership interests and equity compensation.

Learn how fundraising works for limited liability companies, including the differences between funding for LLCs vs. corporations, and what types of investors are available.

Learn the basics of multi-member LLCs, including the different types, how MMLLCs compare to other business structures, how to pay yourself and your members, and how taxes work.

A single-member LLC (SMLLC) is a company that is owned and operated by one person who receives limited liability protection. Learn how SMLLCs work.