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The owners of a limited liability company generally prefer: being taxed like a corporation. being taxed personally on all business income. having liability exposure similar
The owners of a limited liability company generally prefer:
being taxed like a corporation.
being taxed personally on all business income.
having liability exposure similar to that of a general partner.
being taxed like a corporation with liability like a partnership.
having liability exposure similar to that of a sole proprietor.
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