LLC's--A Labor Day Question

Tom Lehman uswa12 at Lorainccc.edu
Thu Sep 2 07:03:53 PDT 1999


A Labor Day question---

I've been getting questions about the acronym LLC. What is an LLC?

Being a layman(no pun intended), from what I can read an LLC is a limited liability company. The LLC is a relatively new form of corporate shield that has tax pass thru benefits and adds another layer of opaqueness to corporate transactions while further shielding the corporations or parties involved.

Tom Lehman



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