Meet for dating llc

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The limited liability company ("LLC") has grown to become one of the most prevalent business forms in the United States.Even the use of a single member LLC affords greater protection for the assets of the member, as compared to operating as an unincorporated entity.

An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions.After electing corporate tax status, an LLC may further elect to be treated as a regular C corporation (taxation of the entity's income prior to any dividends or distributions to the members and then taxation of the dividends or distributions once received as income by the members) or as an S corporation (entity level income and loss passes through to the members).Some commentators have recommended an LLC taxed as a S-corporation as the best possible small business structure.On the other hand, income from corporations is taxed twice: once at the corporate entity level and again when distributed to shareholders.Thus, more tax savings often result if a business formed as an LLC rather than a corporation.

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