Ignoring the tax implications of transferring assets to the PLLC

Both LLCs and PLLCs offer unique benefits to protect business owners from liability and the potential to save on taxes. A Professional Limited Liability Company (PLLC) is a business entity specifically designed for licensed professionals, such as veterinarians, doctors, and ... Mar 28, 2023 ... A Limited Liability Company is also known as an "LLC," a popular business entity that incorporates the flexibility and limited liability protection of a ... In other words, PLLCs do not need to have officers and directors governing their operations. A PLLC can be managed by its members (or owners) or by managers who ... A PLLC is formed using forms available from the Arizona Corporation Commission (ACC) at www.azcc.gov. Note that there are very specific requirements that must ... A Professional Limited Liability Company (PLLC), although similar to an LLC, is a unique business structure available only to licensed professionals in certain ... PLLCs formed by attorneys at law must also register with the Virginia State Bar by filing an Application for Certificate of Registration for Professional ... Steptoe & Johnson PLLC is a national law firm with core strengths in energy, labor & employment, litigation, and transactional law. We serve our clients as we ... WHAT IS A PROFESSIONAL LLC (PLLC )?. close arrow. Professional Limited Liability Companies (PLLC) provide specific services outlined in the Code of Virginia. Social Work Licensees who wish to form a Professional Corporation or Limited Liability Company must apply to the North Carolina Social Work Certification and ...