Deciding between forming an LLC (Limited Liability Company) or a PLLC (Professional Limited Liability Company) is more than just a simple choice. It determines ownership options, liability protections, and the rules you need to follow. Let’s review the differences between LLCs and PLLCs so you can select the best structure for your business. What is an LLC? An LLC is a hybrid business structure that combines key features of corporations, partnerships, and sole proprietorships. An LLC offers the limited liability protection of a corporation, shielding the owner’s personal assets from business...

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