Overview
Business owners are frequently faced with the difficult decision of identifying the correct corporate entity for their businesses. In this webcast, hosted by the Better Business Bureau, Eric Fogel and Karen Tobin review the pros and cons of LLCs, recent changes to Illinois law, and steps you can take to avoid common mistakes.
Topics include a new law that affects LLCs that became effective on January 1, 2020, and whether an LLC should be taxed as an S corporation or a partnership, and what to do if a key member of the LLC quits, retires, dies, becomes disabled or is fired. Whether you are an experienced business owner or a new one, and whether you already have an LLC or not, this webinar provides key information to guide your business strategic planning in the future.