What is an Umbrella LLC?

By IncNow May 23, 2022
umbrella

Often a serial entrepreneur will form multiple “brother-sister” companies to keep their assets from becoming commingled. But if an entrepreneur has partners that also own an interest in each of these companies, it can generate a separate partnership tax return for each entity. One way to simplify this is to form a holding company with […]

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What Is a Subsidiary Company, Exactly?

By IncNow April 8, 2022
Google Alphabet

People throw around the term ‘subsidiary’ in business. Google, for example, recently made headlines when it was announced that its parent company, Alphabet Inc., is breaking into subsidiaries. It’s understandable that you might not be exactly clear on what it means. Subsidiaries are important but often fail to get the attention they deserve. Business and […]

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Should I Set Up an LLC Holding Company?

By IncNow May 7, 2021
holding company

How you can protect your businesses from the liabilities of your other businesses Does a D.B.A. offer you any legal protection? Are there alternatives to setting up a separate LLC for each business or property? If you have multiple LLCs, it’s only natural to wonder if you should set up an LLC holding company. In order to determine […]

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