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1. What Is an LLC? Limited Liability Company Structure and ... - Investopedia
Link: https://www.investopedia.com/terms/l/llc.asp
Description: WEBMar 21, 2024 · 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 with the...
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2. What Is An LLC? Definition, Pros & Cons – Forbes Advisor
Link: https://www.forbes.com/advisor/business/what-is-an-llc/
Description: WEBDec 15, 2022 · 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...
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3. Limited liability company - Wikipedia
Link: https://en.wikipedia.org/wiki/Limited_liability_company
Description: WEBA limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.
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4. What is an LLC? Limited liability company definition | LegalZoom
Link: https://www.legalzoom.com/articles/what-is-a-limited-liability-company-llc
Description: WEBMar 21, 2024 · A 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.
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5. Limited Liability Company (LLC) | Internal Revenue Service
Link: https://www.irs.gov/businesses/small-businesses-self-employed/limited-liability-company-llc
Description: WEBNov 13, 2023 · 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 include individuals, …
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6. What is a Limited Liability Company (LLC)? - Nolo
Link: https://www.nolo.com/legal-encyclopedia/what-is-a-limited-liability-company.html
Description: WEBAn LLC, or Limited Liability Company, combines the best parts of corporations, sole proprietorships, and partnerships into one business entity offering owners liability protection, flexible management structure, and certain tax advantages. In this article, you will learn: What Is an LLC? What Does LLC Stand for? Who Should Form an LLC?
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7. What is an LLC and how does it work? | LegalZoom
Link: https://www.legalzoom.com/articles/what-is-an-llc-and-how-does-it-work
Description: WEBMar 21, 2024 · Here's a quick introduction to the LLC, to prepare you for exploring further aspects of LLCs, including their formation, operation, taxation, and how they contrast with other types of business entities. What is an LLC? A limited liability company is a type of business entity that is authorized by state law.
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8. What does it mean to be an LLC? | LegalZoom
Link: https://www.legalzoom.com/articles/what-does-it-mean-to-be-an-llc
Description: WEBMar 21, 2024 · What exactly does LLC mean? An LLC, or limited liability company, is a type of business entity that a company can form by filing paperwork with the state. An LLC can have one owner (known as a "member") or many owners. The words "limited liability" refer to the fact that LLC members cannot be held personally responsible for …
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9. What Is a Limited Liability Company (LLC)? - The Balance
Link: https://www.thebalancemoney.com/what-is-a-limited-liability-company-llc-5214194
Description: WEBApr 26, 2022 · Definition. A limited liability company (LLC) is a legal entity that offers its owners both liability protection similar to a corporation as well as the administrative simplicity and flexibility of a partnership.
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10. What is an LLC - Limited Liability Company (LLC) | TRUiC
Link: https://howtostartanllc.com/what-is-an-llc
Description: WEBFeb 16, 2024 · LLC stands for limited liability company. Forming an LLC is the simplest way of structuring your business to protect your personal assets in the event your business is sued. An LLC is the most popular business structure chosen by small business owners that offers: Personal liability protection of a corporation.
