An LLC is a hybrid form of business entity that has selected features of a corporation and a partnership. It has been structured in a way to benefit from the pass-through taxation feature of a partnership along with allowing flexibility inoperation and managementand yet have limited liability li...
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The most important decision an entrepreneur can make is how to form his or her company. If a business owner has a partner or partners, frequently, the most obvious choice is to form a partnership. But, like everything, partnerships come with their own pr
Pros and Cons of Becoming an LLCmichelle crossley
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Cons: Add-ons are pricier than competitors' Slower turnaround times (1-2 weeks) Is it safe to form an LLC on LegalZoom?Yes, it's safe to form an LLC on LegalZoom. It's one of the most reputable formation services around. Plus, it has 60-day money-back and accuracy guarantees.[1]...
An LLC allows for an unlimited number of members; however, if the LLC has just one owner, it will be taxed as a sole proprietorship. The LLC allows for the "special allocation" of profits--the disproportionate splitting of member profits and losses (in different percentages than their respect...
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