Limited Liability Company (LLC)

At the Law Office of Anthony W. Greco, we understand the stress and life altering circumstances that individuals and companies often deal with when facing business disputes. That is why it is important to have an attorney who has extensive experience in choice of entity issues as well as other business law matters, and who can provide counsel and advice in an understandable, practical and effective manner.

The Limited Liability Company (“LLC”) is a member-managed entity that is taxed like a partnership for federal tax purposes. The LLC has better pass through benefits than an S- corporation while avoiding S-corporation eligibility issues. The LLC offers great flexibility in management operations. Members of a LLC can actively participate in day-to-day operations without personal exposure to liability. Most corporations and trusts can have member status as well. A one-member LLC is taxed as a proprietorship for federal tax purposes, and a federal identification number is not required if the LLC has no employees. There are a host of other factors regarding a company’s converting to and out of LLC status that must be addressed with
precision planning.

The Law Office of Anthony W. Greco is committed to providing each and every Client with professional, aggressive and practical representation, while being sensitive to the Client’s unique concerns and goals. With more than 18 years of experience, our firm is equipped to deal with all issues involved in business formation matters. Everything from transactional needs to corporate litigation, The Law Office of Anthony Greco is prepared to aggressively represent its Clients’ concerns and interests from the first day of representation for business planning through the possible dissolution of a company.