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9.  Definition of an LLC
A limited liability company, or LLC, is a legal entity created under state laws which has characteristics of both a corporation and a partnership. Like a corporation, the owners of an LLC are not personally liable for business debts. Like a sole proprietorship and partnership, an LLC has operating flexibility and is a pass-through entity for tax purposes. This means that LLC profits are passed through and taxable to the owners of the LLC. Visit our LLC section for more information.

To learn more and speak with a representative, please call us at (888) 381-8758. We are happy to answer any questions you may have.
 
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