Who forms a limited liability company?

Answer A limited liability company, or LLC, includes aspects of a partnership and a corporation. The Internal Revenue Service says members of an LLC can include corporations, individuals, other LLCs and f... Read More »

Top Q&A For: Who forms a limited liability company

What is limited liability company?

A Limited Liability Company (LLC) is designed to protect its owner from being sued personally for any type of business liability. An LLC is filed and granted at the state level. LLC owners, which c... Read More »

What is a limited liability company?

A limited liability company is a newer type of business entity, also referred to as an LLC. An LLC is a hybrid form of business that combines the elements of a partnership with that of a corporatio... Read More »

What is an limited liability company?

A limited liability company (or LLC) is a business entity which joins various aspects of corporations, partnerships and sole proprietorship. LLCs are structured by state law, so the company must fo... Read More »

What does"limited liability company"mean on a W-9 form?

The term "limited liability company" on form W-9 refers to a type of business sanctioned by individual states. For tax purposes, the IRS treats limited liability companies either like a corporation... Read More »