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LLC = Limited Liability Company

It is sometimes mistakenly referred to as a Limited Liability Corporation. However, an LLC can file taxes as either a Discarded Entity, a Corporation or a Partnership.

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13y ago
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12y ago

LLC stands for limited liability company. That means that the company does not have full liability if the company has financial issues such as a lawsuit.

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13y ago

Limited Liability Company

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11y ago

LLC stands for Limited Liability Company.

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Q: What does llc stand for?
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