The LLC is a relatively new form of business organization that combines the limited liability of a corporation and the taxation of a partnership. In some states even "SMLLC" (single member limited liability companies) are allowed. Can you think of any disadvantages of a SMLLC vs. a Sole Proprietorship?
*Dar'shun Kendrick and KLP only authorized to practice law in GA
Monday, November 1, 2010
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