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.
Limited Liability Company. You and your spouse may operate a personal business as an LLC. This type of business structure is authorized and regulated by the individual states, but is not recognized by the IRS as an entity for federal income tax purposes.
LIMITED LIABILITY COMPANY (LLC) The LLC is a relatively new type of hybrid business structure for real estate that is now permissible in most states. It is designed to provide the limited liability features of a corporation and the tax efficiencies and operational flexibility of a partnership.