A limited liability company (LLC) is a separate legal entity that can conduct business just like a corporation with many of the advantages of a partnership. It is taxed as a partnership. Its owners are called members and receive income from the LLC just as a partner would. There is no tax on the LLC entity itself. The members are not personally liable for the debts and obligations of the entity like partners would be. Basically, an LLC combines the tax advantages of a partnership with the limited liability feature of a corporation.
An LLC is formed by filing articles of organization with the secretary of state in the same type manner that articles of incorporation are filed. The articles must contain the name, purpose, duration, registered agent, and principle office of the LLC. The name of the LLC must contain the words limited liability company or LLC.
Pittsburgh Pennsylvania Assignment of Interest in Limited Liability Company
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Multi-State
City:
Pittsburgh
Control #:
US-0870BG
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Word;
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It's THE Sports City ? Aptly named the City of Champions, Pittsburgh is home to three widely-known professional sports teams ? the Steelers, Penguins and Pirates ? each with its own dynamic history of world championships, incredible moments and hall of fame players.
First settled in the mid-18th century, Pittsburgh has a wealth of historical sights, from historic forts to exquisitely decorated churches. Its prominent industrial history has left it with elegant beaux-arts buildings, soaring skyscrapers, and 446 bridges, as well as the nickname "Steel City".
Easily navigable waterways with an abundance of natural resources, (coal, timber, natural gas, iron and limestone) helped Pittsburgh become the industrial center for a growing nation. Most people recognize one thing about Pittsburgh's history, that it was known as an industrial hub for coal mining and steel production.
Pittsburgh is a hub for technology, manufacturing, life sciences & health and education.
Pittsburgh is a convenient, affordable place to live and work?with a cost of living 7% lower than the national average, a reasonable median home price of $259,900, and median monthly rent of $1,427. The city also has a range of top-notch companies in the education, technology, healthcare, and steel industries.
Heinz Ketchup This iconic, world-renowned condiment was created in Pittsburgh in 1857. Heinz ramped up production of the tomato ketchup during the 20th century. As of today, the ketchup is no longer produced in the city, but it is still a popular condiment at local restaurants and residents' homes.
Pittsburgh is known for its Steel City Legacy, which pays homage to its rich history as a major steel-producing city. The steel industry played a significant role in shaping the city's identity and continues to be celebrated through various cultural and historical landmarks. What is Pittsburgh, PA Known For? 10 Things to Love About This City redfin.com ? blog ? what-is-pittsburgh-pa-k... redfin.com ? blog ? what-is-pittsburgh-pa-k...
The Commonwealth of Pennsylvania The Commonwealth of Pennsylvania is the sixth largest populated state in the United States. Pittsburgh is the second largest city in Pennsylvania and has an estimated of 310,000 people. About the City of Pittsburgh | pittsburghpa.gov pittsburghpa.gov ? pittsburgh ? pgh-about pittsburghpa.gov ? pittsburgh ? pgh-about
Race and Ethnicity In 2021, there were 2.81 times more White (Non-Hispanic) residents (193k people) in Pittsburgh, PA than any other race or ethnicity. There were 68.8k Black or African American (Non-Hispanic) and 16.8k Asian (Non-Hispanic) residents, the second and third most common ethnic groups.
Pittsburgh is known as "the Steel City" for its dominant role in the history of the U.S. steel industry. For part of the 20th century, Pittsburgh was behind only New York City and Chicago in corporate headquarters employment; it had the most U.S. stockholders per capita.
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