_____ 6.Limited liability companies are generally taxed as partnerships unless the company elects to be taxed as a corporation.

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Limited liability companies (LLCs) are considered pass-through entities, meaning that the profits and losses of the company are passed through to the owners' personal tax returns. By default, LLCs are taxed as partnerships unless they choose to be taxed as a corporation.

_____ 6Limited Liability Companies Are Generally Taxed as Partnerships Unless the the Company