By Jeff W. Nunes, Esq. and Christen E. Gay, Associate What's the difference between an LLC and an LP?Limited Liability CompanyA Limited Liability Company (LLC) is a business entity that utilizes the best practices of corporations and partnerships while avoiding many of their organizational restrictions. For example, an LLC combines the limited liability feature of a corporation with the pass-through taxation of a partnership.
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Rusconi, Foster & Thomas, APCWe're located in Morgan Hill, California serving Santa Clara, San Benito, Santa Cruz, and Monterey Counties since 1956. Categories
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November 2020
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