Recently, the Internal Revenue Service ("IRS") has successfully asserted that limited partners in private equity and hedge funds that are organized ...

In the increasingly global world of online business, it’s not unusual for entrepreneurs, freelancers, and consultants to seek ...

Limited liability companies do not have shareholders. Corporations do. An LLC has members. This is more than a mere language difference. The legal implications for LLC members are different in ...

If this prohibition applies to your business, you typically have the option of forming either a professional LLC or professional services corporation. The difference between these two legal ...