how to access turbotax 2016 extension form

An LLC is a type of unincorporated association distinct from a corporation. Īn LLC is a hybrid legal entity having certain characteristics of both a corporation and a partnership or sole proprietorship (depending on how many owners there are). states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company ( PLLC). LLCs are well known for the flexibility that they provide to business owners depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. An LLC is not a corporation under state law it is a legal form of a company that provides limited liability to its owners in many jurisdictions. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. Société à responsabilité limitée (SARL)Ī limited liability company ( LLC for short) is the United States-specific form of a private limited company.Gesellschaft mit beschränkter Haftung (GmbH).

Limited liability limited partnership (LLLP).

Scottish charitable incorporated organisation (SCIO).Charitable incorporated organisation (England and Wales) (CIO).

How to access turbotax 2016 extension form