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Many people ask me about Limited Liability Corporations and Limited Liability Joint ventures. These are both fairly new entities, and as such, do not need (as of yet) their own share of rules and laws the particular IRS. Simply put i don't recommend them, as they have little advantage on the S corporation, and unquestionably are more harmful for set enhance. A savvy person can set up an S corporation fairly easily. A legal professional is you will LLCs and LLPs, and so they
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