1 Thou and Ye Forms.  2 As early as the late thirteenth century, the second person plural forms (ye, you, your) began to be used with singular meaning in circumstances of politeness or formality, leaving the singular forms (thou, thee, thy/thine) for intimate, familiar use.
You and your spouse may treat your LLC as a partnership. You will file the LLC's federal income tax return using IRS Form 1065, U.S. Return of Partnership Income. You and your spouse must each report your individual shares of the income generated by the partnership income.
A type of business organization that offers the limited liability of a corporation and the tax benefits of a partnership. The owners of an LLC are referred to as members, whose rights and responsibilities in managing the LLC are governed by an operating agreement. type of business organization that offers the limited liability of a corporation and the tax benefits of a partnership. The owners of an LLC are referred to as members, whose rights and responsibilities in managing the LLC are governed by an operating agreement.