Legal Entities

What is a PLLC in Washington state? A Washington PLLC is a limited liability company (LLC) formed specifically by people who will provide Washington licensed professional services. Like other LLCs, PLLCs protect their individual members from people with claims for many (but not all) types of financial debts or personal injuries. Read more on www.nolo.com … Read more

What is a series LLC in Alabama? An Alabama series LLC (SLLC) is a limited liability company that includes what is referred to as a “”master”” or “”umbrella”” LLC and other LLCs that are separate from each other. Read more on www.sarahsshepard.com A limited liability company (LLC) with some advantages above standard LLC forms is … Read more

How does an LLC work in Ohio? LLCs in Ohio are treated as pass-through tax entities by default. This means the LLC itself does not pay income taxes. The business income and losses pass through to each owner’s personal tax return, and each owner pays federal and state taxes on their share of the profits. … Read more

What is an LLC Non Profit? Yes, a limited liability company (LLC) can be a nonprofit. However, forming a nonprofit limited liability company can be complex, so few people choose this option. When people refer to nonprofits, they often mean a nonprofit corporation. This is because many of the founders of nonprofits choose to incorporate. … Read more