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The smart Trick of Limited Liability Company That No One is Discussing

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Limited liability companies are hybrid entities that Mix the characteristics of an organization with Individuals of a partnership or sole proprietorship. " Multi-member LLCs are labeled as partnerships. But an LLC also can elect to get taxed being an S corp or possibly a C corp by submitting a federal https://llc-lookup-kentucky12233.blog4youth.com/27131832/5-easy-facts-about-is-an-llc-required-described

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