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  2. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    t. e. A 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. [1] An LLC is not a corporation under the laws of every state; it is a legal form of ...

  3. Limited liability - Wikipedia

    en.wikipedia.org/wiki/Limited_liability

    e. Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company or joint venture. If a company that provides limited liability to its investors is sued, then the claimants are generally entitled to collect only against the assets ...

  4. What Does LLC Mean and Why Your Business Needs One - AOL

    www.aol.com/finance/does-llc-mean-why-business...

    LLC, which stands for limited liability company, is a great option for small business owners looking for a way to get legally established. Not only does this business structure make your […]

  5. Limited company - Wikipedia

    en.wikipedia.org/wiki/Limited_company

    A "limited liability company" (LLC) is a different entity. However, some states permit corporations to have the designation Ltd.[8] (instead of the usual Inc.) to signify their corporate status. A corporation must file annual corporate tax returns with the Internal Revenue Service.

  6. LLC vs. Corporation - AOL

    www.aol.com/finance/llc-vs-corporation-203712316...

    A limited liability company (LLC) is a business entity that helps to protect the business owner from the liabilities incurred by the company they own. As a sole proprietor, you and your business ...

  7. Can you buy a house with an LLC? Should you? - AOL

    www.aol.com/finance/buy-house-llc-212420678.html

    Key takeaways. As the name suggests, a limited liability company, or LLC, limits the liability of the owner(s) in the event of a legal issue. Buying a home with an LLC can be useful for landlords ...

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