Setting up a Limited Liability Company Both sole proprietors and partnerships can convert to a limited liability company. Until recently some states did not allow one-member LLCs. That is no longer the case. One-member LLCs are allowed in every state.
Posted: 2008-06-17
Category: Taxes
Capital Gains Tax Changes Our new Darling Chancellor’s first Pre-Budget Report, delivered on 9th October 2007, caused quite a stir in the UK property taxation world.