HOME | INDIVIDUALS | INVESTORS | BUSINESS | FUTURE PLANNING | CONTACT US
  • C Corporation
  • S Corporation
  • Partnerships
  • LLCs & LLPs
  • Sole Proprietorship
  • How Do They Compare?
  • Cafeteria Plans
  • Health Savings Accounts
  • Health Reimbursement Arrangements
  • Section 199 Deduction
  • New Equipment Costs
  • Business Transportation
  • Expense Reimbursement Plans
  • Business Vehicle Purchases
  • Travel & Entertainment Expenses
  • Charitable Contributions
  • LLCs & LLPs

    Limited Liability Companies (LLCs) and Limited Liability Partnerships (LLPs) generally oftter limited liability and flow-through taxation.

    The structure of the LLCs and LLPs is flexible, which allows any entity, including corporations, to be an owner. Also, special allocations of income and losses, as well as investment in other entities, are not limited.