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What else can I help you with?
What type of business has limited liability?
An LLC (Limited Liability Corporation).
Initially no formality is required to set up a what type of business?
LLC Corporation
Does an LLC corporation receive a 1099 form?
No, an LLC corporation does not receive a 1099 form.
Does an LLC operating as an S corporation receive a 1099?
No, an LLC operating as an S corporation does not receive a 1099.
Does an LLC taxed as a corporation receive a 1099 form?
No, an LLC taxed as a corporation does not receive a 1099 form.
Can a partnership issue stock?
That depends on the type of partnership. If it's a corporation then yes. If it's an LLC then no.
Is exxonMobil a limited liability corporation?
Not exactly, ExxonMobile is a Limited Liability Company (LLC). An LLC is a company not a corporation.
Does a LLC have shareholders?
No LLC's do not have shareholders like corporations. LLC's have members which are similar to shareholders in a corporation.
Does an LLC structured as a C corporation receive a 1099 form?
No, an LLC structured as a C corporation does not receive a 1099 form.
Does an LLC taxed as an S Corporation receive a 1099 form?
No, an LLC taxed as an S Corporation does not receive a 1099 form.
What is the difference in a LLC or corporation?
In brief and generally, an LLC has the legal protections of a Corporation for its owners while having the tax benefits of a Partnership.
What is Sierra Nevada Corporation's population?
The population of Sierra Nevada Corporation is 2,000.
