d. Part-Time Classroom Teachers - includes employees with P (Part time) in. the FSP Staff Data Code field and 1, 4, or 5 (Eligible, Retirement Waived, Retired) in the TRS Status field. In addition, the FSP Salary Class Code field. on the Job Code table is set to T (Class teacher).
A Limited Liability Company (LLC) is a hybrid business entity having certain characteristics of both a corporation and a partnership or sole proprietorship (depending on how many owners there are).An LLC, although a business entity, is a type of unincorporated association and is not a corporation. limited liability company (LLC) is the United States-specific form of a private limited company.
Single Member Limited Liability Companies. An LLC is an entity created by state statute. Depending on elections made by the LLC and the number of members, the IRS will treat an LLC either as a corporation, partnership, or as part of the owner's tax return (a disregarded entity).