This is just the moving command for the example. LLC's are rapidly becoming the business entity of choice for many small businesses because, for the most part, they are easier to operate than an S Corporation. Although many of the LLC's features are similar to an S Corporation, there are some subtle differences which should be carefully reviewed with your attorney or tax accountant. See Organizing Your Small Business for more information. This website provides general information only.
Laws develop over time and differ from state to state.
This website does not provide legal advice about specific legal problems. Let The Law Firm of Evan H. Farr, P.C. advise you about your particular situation.