a limited liability company LLCis a common business structure. An llc is not recognized by...

50.1K

Verified Solution

Question

Accounting

a limited liability company LLCis a common business structure. An llc is not recognized by IRS with its own entity tuoe for filing purposes. When applying gir an EIN with the ITS a multimember LLC business will default to a (n):

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students