Limited Liability – The obvious advantage of a Limited Liability Company is the financial security that comes with business. As already mentioned, the Company’s shareholders will only be liable for any debt the company accrues according to the levels of their own investment and no more. This can provide a comfortable feeling of security for investors in the Company.
Darren gets detailed contact information from employees so accounts checks can be accurately calculated, distributed and deposited.
His information usually includes a legal name, address, phone number and Social Security number for all employees, as well as bank account routing and checking numbers for employees who receive direct payroll deposits.
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