What is a Limited Liability Company? An LLC is an unincorporated business organization of one or more persons who have limited liability for the contractual obligations and other liabilities of the business. The Limited Liability Company Law governs the formation and operation of an LLC.

Feb 14, 2025 · Review information about a Limited Liability Company (LLC) and the federal tax classification process.

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Review information about the Limited Liability Company (LLC) structure and the entity classification rules related to filing as a single-member limited liability company.

5 days ago · 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...

Jun 5, 2024 · 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...

Jul 15, 2024 · 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.