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What Is an LLC (And Do Freelancers Need One?)
You’ve probably Googled “LLC vs sole proprietor” at midnight after a client asked for a W-9, or after someone on Twitter insisted you’re “not a real business” without one. Meanwhile, your accountant ...
A limited liability company (LLC) is a legal business structure that offers certain protections between your personal and business assets. More specifically, LLCs can help to protect your personal ...
What Does LLC Mean: Asset Protection The main benefit of having an LLC is its limited liability protection. This means that if a company is operated through an LLC, the owner’s personal assets can be ...
What Does LLC Mean: Asset Protection The restricted liability protection that an LLC offers is its most important advantage. The owners’ personal assets may be protected from the company’s obligations ...
One of the most significant considerations when choosing a business structure for your company is: “Will it give me the most favorable tax outcome?” And the entity type you select impacts how the IRS ...
An LLC operating agreement is a legally binding document that outlines the LLC’s preferred operating, management and financial procedures. Its purpose is to guide the business’s internal operations ...
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