Differences between an LLC and an Inc.

Thank you Bhavini Mistry again for your thorough research and contribution to this article. In the business world, there are two main types of businesses a company can become which are either a limited liability company (LLC) or a corporation (Inc). Limited liability companies (LLC) are formed by one or more owners and is seen as a “pass-through” business by how the income or losses of the LLC company are sent through the owners that…

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