About An LLC

LLC- And All It’s Mighty Powers!

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 ... Read more