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LLCs were first recognized for tax purposes in 1988. The LLC combines features of the corporation and the limited partnership and offers both tax and non-tax benefits. Discuss both advantages and disadvantages .  Give an example of an LLC and why this form of organization works.
I need 150 words. no plagiarism need this back by the requested time.  

.button {
background-color: #4CAF50;
border: none;
color: white;
padding: 10px 20px;
text-align: center;
text-decoration: none;
display: inline-block;
font-size: 16px;
margin: 4px 2px;
cursor: pointer;
border-radius: 10px;
.awasam-alert {
color: red;


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