Question: The limited liability company (LLC) differs from the Subchapter S corporation for which of the following reasons? The limited liability company (LLC) differs from the

The limited liability company (LLC) differs from the Subchapter S corporation for which of the following reasons? The limited liability company (LLC) differs from the Subchapter S corporation for which of the following reasons? The LLC is taxed like a corporation rather than a partnership There is no limit to the number of members The LLC is taxed at a higher rate There are higher liability limits for members of the LLC

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