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- Limited liability company (LLC) | Internal Revenue Service
Review information about a Limited Liability Company (LLC) and the federal tax classification process
- Limited liability company - Wikipedia
A limited liability company (LLC) is the United States -specific form of a private limited company It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation [1]
- What Is an LLC? Limited Liability Company Definition - LegalZoom
What is a limited liability company? A limited liability company is a business designation that limits the personal responsibility of its owners for their company's debts and liabilities while also allowing them to avoid the double taxation often associated with corporations
- What Is An LLC? Definition, Pros Cons – Forbes Advisor
LLCs offer legal protection of personal assets and pass-through taxation through a separate entity that isn’t limited to a specific number of shareholders or heavy regulation Related: Best LLC
- What Is an LLC? Limited Liability Company Structure and . . .
What Is a Limited Liability Company (LLC)? A limited liability company (LLC) is a business structure in the U S that protects the assets of its owners from lawsuits and creditors concerned
- What Is a Limited Liability Company (LLC)? - Nolo
What Is an LLC? An LLC is a type of business entity that can have one or more owners, referred to as "members " LLC members typically participate equally in the management of the business unless they elect an alternative management structure called " manager management "
- What Is an LLC? FAQs and Guide - The Law Dictionary
LLC stands for Limited Liability Company This business structure combines elements of corporations and partnerships, offering owners (called members) protection from personal liability for business debts and claims When you form an LLC, you’re creating a separate legal entity for your business The “limited liability” part is key
- What Is An LLC - Limited Liability Company (LLC) | TRUiC
Forming your business as a limited liability company (LLC) helps: Protect you against lawsuits Reduce paperwork compared to corporations and other legal entity types Prevent your company from being taxed twice Make your business appear more credible to customers and creditors
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