3 ms·
The general history is right, but the timing is off. NY LLC law was passed in the mid-1990s. Unlimited liability partnerships and sole proprietorships were long
by bradleyjg 13y ago
The general history is right, but the timing is off. NY LLC law was passed in the mid-1990s. Unlimited liability partnerships and sole proprietorships were long since out of style by then.
- rayiner 13y agoIn 1996, the U.S. had almost 17 million sole proprietorships file a tax return versus about 4.6 million corporations.