Legal Question in Business Law in Pennsylvania
What is the benefit to an LLC?
Asked on 5/10/16, 7:12 am
1 Answer from Attorneys
Protection of personal assets from judgments entered against the business; company income passed through and taxed to the individual owners, not the business; simplified paperwork and filing requirements compared to corporations. These are a few benefits of an LLC.
Answered on 5/10/16, 8:06 am
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