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Limited Liability Company (LLC) | Internal Revenue Service Limited Liability Company (LLC) A Limited Liability Company (LLC) is a business structure allowed by state statute. Each state may use different regulations, you should check with your state if you are interested in starting a Limited Liability Company.How does an LLC (Limited Liability Company)?
How does an LLC work? An LLC (limited liability company) works as a type of business entity that provides both liability protection for owners and members and pass-through taxation. What Is an LLC? An LLC is a type of business structure that treats owners like partners but gives them the choice to be taxed like a corporation.What does Logical Link Control (LLC) mean?
What Does Logical Link Control (LLC) Mean? Logical Link Control (LLC) is one of two Data Link Layer (DLL) network protocol sublayers within the Open System Interconnection (OSI) data communication model. LLC is located in the upper DLL area of OSI Layer 2 above the Physical Layer (PHY) of OSI Layer 1.What is the use of LLC in networking?
Today, LLC is only used for its multiplexing feature. Modern Transport Layer protocols, like TCP or other application layer protocols, are used for source and destination network flow management. A non-IEEE 802 protocol may be distributed between the LLC and Media Access Control (MAC) layers, like Cisco’s High-Level Data Link Control (HDLC).