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Category Archives: S Corporation
Limited liability shields shareholders of corporations and members of limited liability companies from personal liability for company debts. The companies and their owners are treated as distinct legal entities, each responsible for only their own debts. Limited liability, however, is … Continue reading
Choosing the right business structure makes a big difference for your business. Most of today’s small business and franchise owners opt for one of two structures, the limited liability company (LLC) or the S corporation (S corp.). While these business … Continue reading