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The following apply to an LLC EXCEPT: a. The LLC shields the owners of the LLC from all company debts. b. The general partnership files
The following apply to an LLC EXCEPT:
a. The LLC shields the owners of the LLC from all company debts. | |
b. The general partnership files only an informational return with the IRS. | |
c. The LLC income is not subject to taxation. | |
d. The LLC files an LLC tax return with the IRS. |
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