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.
A Limited Liability Company (LLC) is similar to an S corp in certain ways; both grant owners limited personal liability for the debts and actions of the business.LLCs are also like a partnership, providing easy and flexible management compared with an S Corp, with similar tax benefits. Limited Liability Company (LLC) is similar to an S corp in certain ways; both grant owners limited personal liability for the debts and actions of the business.