Generally it wouldn't. A corporation already has limited liability, so owners (stock holders) are only liable for their investment in the company and their personal assets cannot be seized if the company fails.
No, an LLC corporation does not receive a 1099 form.
No, an LLC operating as an S corporation does not receive a 1099.
No, an LLC taxed as a corporation does not receive a 1099 form.
Not exactly, ExxonMobile is a Limited Liability Company (LLC). An LLC is a company not a corporation.
No LLC's do not have shareholders like corporations. LLC's have members which are similar to shareholders in a corporation.
No, an LLC structured as a C corporation does not receive a 1099 form.
No, an LLC taxed as an S Corporation does not receive a 1099 form.
"Nevada LLC is a corporate structuring, financial privacy company. It is financially private and is corporate structuring and is a corporation. It is a good corporation."
If the corporation choses, under the "check the box" elections to be taxed as a corporation. Many do.
In brief and generally, an LLC has the legal protections of a Corporation for its owners while having the tax benefits of a Partnership.
No, an LLC that has elected to be taxed as an S Corporation does not receive a 1099 form.
Yes.