Establishing a limited liability company lowers risk to the business owner's personal assets. An LLC owner, officially referred to as a member, may transfer assets from personal ownership into the LLC ...
A sole proprietor running a small business may decide to re-structure his business holdings at some point to reduce the level of liabilities. In a limited liability company, personal assets are no ...
On September 16, 2019, Governor Cuomo signed a new limited liability company disclosure bill requiring greater transparency in real estate dealings. Previously, only single-member LLCs were required ...
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