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LLC
A limited liability company (LLC) is a business structure in the U.S. that protects its owners from personal responsibility for its debts or liabilities.
Incorporation
“C-Corporation” merely refers to a regular, state-formed corporation.
An S Corporation begins its existence as a general, for-profit corporation upon filing the Articles of Incorporation at the state level.
Non-profit Incorporation
The biggest benefit of choosing this form of legal entity is that it is exempt from paying federal and state taxes on any income the corporation earns, unlike for-profit corporations.
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