Can a PLLC elect to be taxed as a corporation?

B-Professional Limited Liability Company (PLLC) – means a limited liability company that is a unique form of business organization permitted to be established ... Jun 6, 2021 ... A professional limited liability corporation (PLLC) is a corporate structure for specific businesses that can show they have the particular ... Dec 5, 2023 ... A PLLC is a “Professional Limited Liability Company” and, like traditional LLCs, it is a type of legal business entity formed officially through the Illinois ... Both LLCs and PLLCs offer unique benefits to protect business owners from liability and the potential to save on taxes. Our Formation Package includes applying for your LLC or PLLC online with the Corporation Commission, obtaining an EIN from the IRS and publishing, when ... What is a Contributor? · An LLC/PLLC may contribute up to a total $5,000 in a calendar year. · All contributions made to a campaign or political committee by an ... Oct 28, 2020 ... Advantages · Members of a PLLC aren't personally liable for the malpractice of any other member. · PLLC members are not personally liable for ... A PLLC, or Professional Limited Liability Company, is a business structure designed specifically for licensed professionals. It combines the liability ... Ready to form your PLLC now? The easiest way to get started is to make a FREE account with our fillable Texas Certificate of Formation document below. Section VI Professional Service Limited Liability Companies (PLLC) Corporate Entities Application for Waiver of Corporate Practice Prohibitions