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2. Limited liability company - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_company

   The default tax status for LLCs with multiple members is as a partnership, which is required to report income and loss on IRS Form 1065. Under partnership tax treatment, each member of the LLC, as is the case for all partners of a partnership, annually receives a Form K-1 reporting the member's distributive share of the LLC's income or loss ...

3. Entity classification election - Wikipedia

   en.wikipedia.org/wiki/Entity_classification_election

   However, an eligible entity classified as a partnership will become a disregarded entity when the entity's membership is reduced to one member and a disregarded entity will be classified as a partnership when the entity has more than one member. Unless an election is made on Form 8832, a foreign eligible entity will be classified by default as: [3]

4. Low-profit limited liability company - Wikipedia

   en.wikipedia.org/wiki/Low-profit_limited...

   While L3Cs are a separate legal form of business entity, L3Cs structure most closely emulates that of a limited liability company (LLC). [18] The most notable difference between L3Cs and LLCs is that L3Cs are required to have a socially beneficial mission as their primary objective. [2] Below are several noteworthy characteristics of L3Cs:

5. Uniform Partnership Act - Wikipedia

   en.wikipedia.org/wiki/Uniform_Partnership_Act

   The Uniform Partnership Act (UPA), which includes revisions that are sometimes called the Revised Uniform Partnership Act (RUPA), is a uniform act (similar to a model statute), proposed by the National Conference of Commissioners on Uniform State Laws ("NCCUSL") for the governance of business partnerships by U.S. States. Several versions of UPA ...

6. Limited liability partnership - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_partnership

   Section 306(c) of the Revised Uniform Partnership Act (1997) (RUPA), a standard statute adopted by a majority of the states, grants LLPs a form of limited liability similar to that of a corporation: An obligation of a partnership incurred while the partnership is a limited liability partnership, whether arising in contract, tort, or otherwise ...

7. The Difference Between Étouffée And Gumbo - AOL

   www.aol.com/difference-between-touffe-e-gumbo...

   What Is Gumbo? Gumbo is another staple in Louisiana Creole cuisine, known for its hearty and complex flavors. The dish starts with a roux similar to étouffée, but it can vary in color from ...