Tag Archives: LLC

Business Structures and Entities: Limited Liability Companies (LLCs)

A limited liability company (LLC) is an entity organized under the state’s limited liability company statute.  This is done by filing Articles of Organization with the Secretary of State where it is organized.  The owners of an LLC are called … Continue reading →

LLCs Taxed as S-Corporations, and Membership Restrictions

When an LLC elects to be taxed as an S-Corp, for tax purposes, the members of the LLC are treated as shareholders of an S-Corp.  Under Colorado statutes, the fact that an LLC member is treated as a shareholder does … Continue reading →