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    Federal Taxation
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    Exam 15: Taxing Business Income
  5. Question
    What Is a Limited Liability Company? What Favorable Nontax and Tax
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What Is a Limited Liability Company? What Favorable Nontax and Tax

Question 21

Question 21

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What is a limited liability company? What favorable nontax and tax attributes does the LLC entity form offer taxpayers?

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Similar to the corporate entity form, a ...

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