Using our extensive knowledge, we help you determine what type of business is best for you, between an LLC and LLP, as well as offering guidance and assistance during the setup process. Before you decide on which business is best, we go through a list of advantages and disadvantages of each type.
First, we start by showing you how to form an LLC or LLP, along with all the possible operating and distribution issues concerning each. Next, we talk about basis, at-risk, and passive activity considerations. Finally, when the time comes, we also give you all the information you need to know about the termination of interest in the dissolution of LLCs and LLPs. We even provide training and support for QuickBooks™ and other popular bookkeeping programs.