The Limited Liability Company and the Series LLC

The Limited Liability Company and Series LLC are two of the hottest concepts in business law today. Gone are the years when a business only had to choose between an S Corporation or Sole Proprietorship for a business form.  These two dynamic forms of business are recognized by the IRS and are gaining momentum. 

Learning Objectives:

I.    Grasp the historical and current significance of an LLC

II.   Distinguish between LLC and:

• Sole Proprietorship
• Partnership
• C Corporations
• S Corporations

III.  Understand the Series LLC