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2. LLC vs. Corporation - AOL

   www.aol.com/finance/llc-vs-corporation-203712316...

   LLC vs. Corporation. TJ Porter. April 30, 2024 at 1:37 PM. Key takeaways. ... Both LLCs and corporations have liability protections for owners.

3. Limited liability company - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_company

   It combines the simplicity and flexibility of an LLC with the tax benefits of an S-corporation (self-employment tax savings). [28] Some legal scholars argue that corporate income taxes are intended to limit the power of corporations and to offset the legal benefits corporations enjoy, such as limited liability for their investors. [29]

4. S corporation - Wikipedia

   en.wikipedia.org/wiki/S_corporation

   An S corporation (or S Corp), for United States federal income tax, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code. [1] In general, S corporations do not pay any income taxes.

5. List of legal entity types by country - Wikipedia

   en.wikipedia.org/wiki/List_of_legal_entity_types...

   SAS (Société par actions simplifiée): ≈ limited liability company (US, especially in Delaware), unlisted public company (Au), close corporation (CC) (S. Africa), private corporation (Can); often used for subsidiaries; minimum of one director and two members/shareholders; no limit on share capital; liability can be restricted to director ...

6. Limited liability - Wikipedia

   en.wikipedia.org/wiki/Limited_liability

   Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company, or joint venture. If a company that provides limited liability to its investors is sued, then the claimants are generally entitled to collect only against the assets ...

7. How to set up an LLC for investments like Series I bonds - AOL

   www.aol.com/finance/set-llc-investments-series...

   “An LLC combines the principles of a partnership with the liability and protection of a corporation,” says Paul Ouweneel, partner, valuation, forensic and litigation services, Wipfli, a ...