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Many people ask me about Limited Liability Corporations and Limited Liability Close ties. These are both fairly new entities, and as such, should not have (as of yet) individual share of rules and laws from your IRS. Exercise don't recommend them, because have little advantage over-the-counter S corporation, and will be more costly to set higher. A savvy person can set up an S corporation fairly easily. A personal injury lawyer is needed in view of LLCs and LLPs, and so they like charging a great deal of money to take action - heard a
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