Learn the benefits and power of what an LLC can do for you and your business here in this Article.
LLC BASICS
Written by: Adam Breeding, Lake Norman Law Firm
A limited liability company ( LLC ) offers protection from personal liability for business debts, just like a corporation. However, unlike a corporation, which must pay its own taxes, an LLC is a pass-through tax entity: The profits and losses of the business pass through to its owners, who report them on their personal ...
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