Question: The limited liability company (LLC) differs from the Subchapter S corporation for which of the following reasons? The LLC is taxed at a higher rate

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

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