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Types of Business Forming an LLC Limited Liability Company ...

A limited liability company (LLC) is a legal business entity which combines the protections afforded corporate shareholders with the tax advantages and freedom of a partnership. State law governs the formation and operation of limited liability companies. Types of Limited Liability Companies. There are several types of limited liability companies.…

Limited liability company FTB.ca.gov

Use Limited Liability Company Tax Voucher (FTB 3522) Estimate and pay the LLC fee By the 15th day of the 6th month after the beginning of the current tax year. Use Estimated Fee for LLCs (FTB 3536) File Limited Liability Company Return of Income (Form 568) by the original return due date.…

What is a Limited Liability Company (LLC)?

May 30, 2019 · A Limited Liability Company or LLC is a legal form of business organization with daily activities like a partnership but with limited liability for the owners similar to a corporation. The liability of LLC members is limited to their investment in the business.…

Comparing Company Types - bizfilings.com

Limited liability company (LLC) Another business type that is formed under state law and gives you personal liability protection is the LLC. Tax-wise, an LLC is similar to an S corporation (or S corp), with business income and expenses reported on your personal tax return.…