limited liability company Archives

IDFPR Cracking Down: PLLC vs. LLC

IDFPR Cracking Down: PLLC vs. LLC

PLLCs now required. Professionals licensed by the IDFPR: there has been a major change to the LLC statute in Illinois. It likely affects you and your business. Previously, licensed professionals were able to form their businesses as LLCs. Now, these businesses must register as a Professional LLC (PLLC). This change went largely unenforced, but no longer. Attention IDFPR [...]

Ian Saderholm2023-08-04T14:13:21-05:00August 12th, 2020|Business Entity Selection/Formation, Small Business Law|

LLC, Corporation, Partnership: What Kind of Business Is Right for Me?

A Comparison Guide Interested in starting a business but not sure where to begin? One of the first things you should consider is how you want your business to be structured. Different structures are better for different situations, so getting some basic information on the difference between business entity types is an important first step. There are a number [...]

Michelle Green2020-06-04T13:13:36-05:00June 5th, 2013|Business Entity Selection/Formation, Small Business Law|