Some things to know about returning your online purchase: 1  If you receive an item you are dissatisfied with, you may return it within 90* days to any Lowe's store or ship it back with the prepaid return shipping label that is included with most parcel shipments.
The letters may seem confusing, but LLC and Inc. are abbreviations for different kinds of business entities. âLLCâ stands for âlimited liability company.â The abbreviations âinc.â and âcorp.â indicate that a business is a corporation. Both LLCs and corporations are formed by filing forms with the state. Both protect their owners from liability for business obligations.
S corporations are less flexible than C corporations for employee fringe benefits. S corporations must report employee taxable compensation. Limited Liability Companies - LLC. A limited liability company (LLC) blends elements of partnerships and corporate structures. An LLC is an unincorporated association that protects the liability of a company.