Question
Experts predict that limited liability companies (LLCs) will replace both corporation and partnerships for most small businesses as a result of Internal Revenue Service (IRS)
Experts predict that limited liability companies (LLCs) will replace both corporation and partnerships for most small businesses as a result of Internal Revenue Service (IRS) regulations.
1.What are these IRS regulations that make forming an LLC so advantageous?
2. If a person came to you asking if you thought that they should make their small business an LLC instead of a partnership, what would you tell them?
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International Business Law and Its Environment
Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge
9th edition
1285427041, 978-1285427041
