Aliza

Overview of LLC Governance An LLC is typically governed by a board of governors or directly by its members with specific roles and responsibilities outlined in the operating agreement. LLC Membership and Management LLC members and managers play crucial roles in the governance and management of the company. Roles and Responsibilities of LLC Governors LLC … Read more

A Series Limited Liability Company (LLC) is a special legal structure that allows a limited liability company to hold assets in multiple "series". Each series is shielded from the liabilities of other series within the same entity. Advantages and Structure A series LLC can be formed like a regular LLC but its articles must allow … Read more

Form 990 Filing Requirements Exempt organizations must file some version of Form 990 with the IRS each year to comply with federal regulations. Public charities file Form 990. Private foundations file Form 990-PF (PF stands for Private Foundation). An exempt organization that has $1,000 or more of gross income from an unrelated business must file … Read more