What are the tax implications of different PLLC exit strategies?

Our team of attorneys and legal professionals provide counsel and guidance across various services and industries. Both LLCs and PLLCs offer unique benefits to protect business owners from liability and the potential to save on taxes. Dedicated To Our Clients' Success. At Katz Melinger PLLC, we represent businesses and individuals in New York and New Jersey with effective and innovative legal ... Our injury lawyers can help you with your injury or accident case in Memphis, TN. After a serious accident, you have legal rights. Licensed professionals may set up a professional service corporation (PC), a professional service limited liability company (PLLC) or a registered limited ... Located in Murfreesboro, TN, Women's Health Specialists was the first all-female OB/GYN practice serving Middle Tennessee. A PLLC is a professional limited liability company. It is very similar to a regular limited liability company, but there are some key differences. For limited liability companies, the complete name must be provided and must include the word “Professional” or the abbreviation “P.L.L.C.” or “PLLC” as ... Jan 8, 2025 ... LLC and PLLC structures offer the same kind of liability protection in that they shield the members or managers from the debts and liabilities ... Mar 21, 2024 ... Professional limited liability companies. Regarding the management flexibility and taxation, a PLLC has the same advantages of an LLC. The ...