Author name: Ricky Taggart

Adding a member to LLC A Limited Liability Company (LLC) is a business entity that provides its members with limited liability and taxation flexibility. Adding an additional member to an LLC is a decision that should be made with great care and thought. This essay will explore the considerations to take into account when deciding […]

Take the mystery out of understanding what LLC stands for and how to set up and maintain your own Limited Liability Company. Get started now! A Limited Liability Company (LLC) is a business structure that provides limited liability protection to its owners, referred to as ‘members’. Being registered as an LLC shields each member’s personal assets from

Is an LLC the right choice for your organization? Learn about the legal differences between an LLC and a nonprofit, and decide which one is best for you. What Are the Differences Between an LLC and a Nonprofit? LLCs and nonprofits are two separate legal structures with distinct benefits, rules, and processes. While not all

Looking for a business structure that provides both protection from personal liabilities and tax efficiency? Learn about LLCs in this detailed post! An LLC (Limited Liability Company) is a type of business entity that combines the liability protection of a corporation with the added tax benefits and flexibility of a partnership. It’s an attractive structure

Pago Pago is an extraordinary place that captivates the interest of travelers around the world. With its rich culture, vibrant landscapes, and untouched nature, its stunning beauty is only surpassed by its remarkable people. From ancient traditions to modern-day attractions, the land in and around this small city offers a unique glimpse into what life is

Samoans are Polynesians, and their language is a member of the Malayo-Polynesian group. Christian ways of thinking strongly influence Samoan culture.  The traditional rituals and ceremonies that were once very important are still practiced today, but they have been adapted to conform to Christian teachings. Ethnicity and Language Samoans are Polynesian people who have lived

Pago Pago International Airport is the main airport in American Samoa, an unincorporated territory of the United States.  It is a gateway for passengers and cargo to and from neighboring Pacific island nations such as Fiji, Hawaii, New Zealand, and Samoa. The airport is located at Tafuna on Nu’uuli Island in the capital city of

The law requires certain entities to keep records and to allow government agencies to inspect those records. These requirements apply to corporations, limited liability companies (LLCs), and limited partnerships (LPs). Almost every state imposes recordkeeping requirements on corporations and LLCs. The length of time you have to keep your records depends on what type of

When starting a business, there are many options, each with pros and cons. You should consider your unique situation and needs before deciding on the type of entity you want to form.  While the differences between LLCs and partnerships may seem clear-cut at first glance, there is no one correct answer regarding choosing between these

LLC stands for limited liability corporation, a hybrid of the corporate and partnership business structures.  An LLC provides some of the benefits of both types of entities while also offering pass-through taxation. The owners are called members or managers, depending on the structure. What is an LLC? An LLC is a business structure that provides