An LLC or limited liability company is a business entity which provides limited liability asset protection to its owners. This is greatly beneficial as it provides two way asset protection. This means that an owner's assets will be protected from company liability and a company’s assets will be protected from owner liability. This protection can be achieved through a corporation but these are more difficult to establish and maintain as well as come with additional tax requirements. The US Small Business Administration considers LLCs a good choice for those who have personal assets to protect, are operating in a medium to high risk space or who wish to avoid paying the higher tax which a corporation would require. Establishing an LLC is not without its own difficulties and nuances but these are milder compared to a corporation. Unfamiliarity with state or federal law as well as the complex relationship between these types of law will make establishing an LLC more difficult. This difficulty can be eroded by the use of an LLC formation service. These services will take care of the process on your behalf, saving you both time and administrative work. They will also ensure that...