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    o double taxation and member or owner managed business.

    LLC’s can be incorpor

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    In the depths of the Second World War the allies were taking punishing bomber losses in the European Theater. It was not just the loss of aircraft but of trained crews that created grave concern. The allies could not replace cre
    LLC (limited liability company) provides the benefits of liability protection and pass through taxation features of sole proprietorship or partnership. Many small business owners prefer this form of corporation as it provides greater flexibility in management. The general characteristics of LLC’s are limited duration of existence, no double taxation and member or owner managed business.

    LLC’s can be incorpora

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    ass through taxation features of sole proprietorship or partnership. Many small business owners prefer this form of corporation as it provides greater flexibility in management. The general characteristics of LLC’s are limited duration of existence, no double taxation and member or owner managed business.

    LLC’s can be incorpor

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    ness owners prefer this form of corporation as it provides greater flexibility in management. The general characteristics of LLC’s are limited duration of existence, no double taxation and member or owner managed business.

    LLC’s can be incorpor

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    anagement. The general characteristics of LLC’s are limited duration of existence, no double taxation and member or owner managed business.

    LLC’s can be incorpor

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    o double taxation and member or owner managed business.

    LLC’s can be incorporated by filing with the state authorities. The general procedure is that of incorporating a corporation. The advantages over a corporation are that there is no need to get the consent of shareholders, no need to issue shares and no need for the board of directors. When selecting the name of the business, it should end with LLC. Since

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