What is the difference between a sole proprietorship and an LLC?

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asked Aug 16, 2019 189k views

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GauravJ · Answer 1 · 2019-08-23T13:16:27+0000

Sole proprietorship is owned by one person. Why LLC is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation

What is the difference between a sole proprietorship and an LLC?

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