Lerner Business & Economics

Generally, the legal responsibility of the members is limited to their funding they usually may benefit from the pass-through tax remedy afforded to partners in a partnership. As a results of federal tax classification rules, an LLC can obtain both structural flexibility and favorable tax remedy. Nevertheless, individuals contemplating forming an LLC are properly advised to consult competent legal counsel. At the GW School of Business, you’re more than a scholar — you’re part of a thriving group of lifelong learners. Explore indefinite delivery/indefinite quantity contracts, typically used for service, IT, and architect-engineering services. You could make a dwelling by…Continue Reading