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Bookmark or Share- Limited Liability Company (LLC) | Internal Revenue ServiceLimited Liability Company (LLC) A Limited Liability Company (LLC) is a business structure allowed by state statute. Each state may use different regulations, you should check with your state if you are interested in starting a Limited Liability Company. Owners of an LLC are called members. Most states do not restrict ownership, so members may ...
- What Is An LLC? Definition, Pros & Cons – Forbes AdvisorWhat Is an LLC? A limited liability company, or LLC, is a U.S. legal entity used to own, operate and protect a business. LLCs provide the same legal and financial protections corporations do but ...
- What is an LLC? Limited liability company definitionA limited liability company is a business designation that relieves its owners of personal responsibility for their company's debts and liabilities while also allowing them to avoid the double taxation often associated with corporations. Instead, the responsibility falls on the LLC, meaning the firm is its legal entity.
- What Is an LLC? Limited Liability Company Structure and ...Limited Liability Company - LLC: A limited liability company (LLC) is a corporate structure whereby the members of the company cannot be held personally liable for the company's debts or ...
- How To Start An LLC In 7 Steps (2024 Guide) – Forbes AdvisorA limited liability company, or LLC, is a type of legal entity that U.S. business owners can select for the operation of their enterprise. Creating an LLC protects an individual’s or group’s ...
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