{"id":1368,"date":"2020-06-11T12:00:16","date_gmt":"2020-06-11T18:00:16","guid":{"rendered":"https:\/\/rightrisk.org\/news\/?p=1368"},"modified":"2020-07-20T16:30:44","modified_gmt":"2020-07-20T22:30:44","slug":"limited-liability-company","status":"publish","type":"post","link":"https:\/\/rightrisk.org\/news\/2020\/06\/11\/limited-liability-company\/","title":{"rendered":"Limited Liability Company"},"content":{"rendered":"<div id=\"attachment_001\" class=\"wp-caption alignleft\" style=\"width: 350px\"><a href=\"https:\/\/www.uwagec.org\/rightrisk\/news\/wp-content\/uploads\/2020\/06\/2020_06_11_RRPost.pdf\" rel=\"noopener noreferrer\" target=\"_blank\"><img decoding=\"async\" class=\"size-full wp-image-001\" title=\"RightRisk Post\" src=\"https:\/\/www.uwagec.org\/rightrisk\/news\/wp-content\/uploads\/2020\/06\/2020_06_11_RRPost_fb.png\" alt=\"Graphic of RightRisk Media Post\" width=\"388\" height=\"388\"><\/a><\/div>\n<p>&nbsp;<br \/>\n<strong>Limited Liability Companies (LLC) <\/strong>are a creature of statute, recognized in each jurisdiction only by virtue of a legislative enactment in each state. There are three aspects of the LLC that are enticing for new businesses: (1) it can be taxed as a partnership, as a corporation (if such an election is granted by the I.R.S.), or as a disregarded entity if there is only a single member; (2) it is an extremely flexible form of business both in terms of options when creating the business and options about how it is to operate; and (3) it offers all members limited liability.<\/p>\n<p>Learn more via the recently completed 4-page, 4-color RISK CONCEPTS series, covering seven common forms of  business ownership, including Limited Liability Companies.<\/p>\n<p>Several RISK CONCEPTS bulletins covering alternative forms of business structure were recently posted and are available for download at: <a href=\"https:\/\/RightRisk.org\/riskconcepts\" rel=\"noopener noreferrer\" target=\"_blank\">RightRisk.org\/riskconcepts<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Limited Liability Companies (LLC) are a creature of statute, recognized in each jurisdiction only by virtue of a legislative enactment in each state. There are three aspects of the LLC that are enticing for new businesses: (1) it can &hellip; <a href=\"https:\/\/rightrisk.org\/news\/2020\/06\/11\/limited-liability-company\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":6559,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-1368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rightrisk-post"],"_links":{"self":[{"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/posts\/1368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/comments?post=1368"}],"version-history":[{"count":4,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/posts\/1368\/revisions"}],"predecessor-version":[{"id":1440,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/posts\/1368\/revisions\/1440"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/media\/6559"}],"wp:attachment":[{"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/media?parent=1368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/categories?post=1368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/tags?post=1368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}