Dividends Become a Liability of a Corporation
It is a legal form of a company that provides limited liability to its owners in many. A limited liability company LLC is the US-specific form of a private limited companyIt is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.
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. If you choose to use some of your dividends to meet your tax liability youll reduce the amount youll be. A LLC is not a corporation under state law.
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