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Complete Beginner Guide to Forming and Running a Limited Liability Company

An LLC, or Limited Liability Company, is a popular business entity for small and mid-sized companies. LLCs combine some of the benefits of corporations with the flexibility and pass-through taxation of a partnership. Although LLCs have existed since the 1960s, they have become increasingly popular in recent years due to their various benefits. This essay will provide an overview of

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Comparing LLCs and Partnerships – Which Is Right for Your Business?

When starting a business, there are many options, each with pros and cons. You should consider your unique situation and needs before deciding on the type of entity you want to form.  While the differences between LLCs and partnerships may seem clear-cut at first glance, there is no one correct answer regarding choosing between these

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SmartChart: Statutory Recordkeeping & Inspection Requirements for Corporational and LLCs Explained

The law requires certain entities to keep records and to allow government agencies to inspect those records. These requirements apply to corporations, limited liability companies (LLCs), and limited partnerships (LPs). Almost every state imposes recordkeeping requirements on corporations and LLCs. The length of time you have to keep your records depends on what type of

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Dive into the Uniqueness of Samoan Culture

Samoans are Polynesians, and their language is a member of the Malayo-Polynesian group. Christian ways of thinking strongly influence Samoan culture.  The traditional rituals and ceremonies that were once very important are still practiced today, but they have been adapted to conform to Christian teachings. Ethnicity and Language Samoans are Polynesian people who have lived

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