Some business owners prefer to operate as a limited liability company $($LLC$)$

rather than an S$-$corporation for the following reason:

Question $9$ options:

unlike an S$-$corporations, a LLC$\text{'}$s earnings are taxed at the personal level when paid out as dividends

unlike an S$-$corporation, stockholders in a LLC are not personally liable for company debts

the LLC form of organization does not have as many rules and regulations as does an S$-$corporation

unlike an S$-$corporation, the LLC pays corporate taxes on its earnings