Question: What does PC mean after an attorney’s name?

Professional corporations or professional service corporation (abbreviated as PC or PSC) are those corporate entities for which many corporation statutes make special provision, regulating the use of the corporate form by licensed professionals such as attorneys, architects, engineers, public accountants and physicians …

What does the title PC mean?

The letters “PC” after a business’s name stand for professional corporation. Professional corporations enjoy some, but not all, of the same liability protections as general corporations. … Each state is governed by its own corporate laws, so specific statutes regarding professional corporations vary.

What does PC mean in court?

PC and CPC are abbreviations for “Penal Code.” California’s Penal Code is a collection of statutes that set forth the state’s laws on most criminal offenses. Penal Code is also sometimes referred to as “CPC,” or California Penal Code.

What is the difference between a PC and an LLC?

The difference between LLC and PC is straightforward. A limited liability company (LLC) combines the tax benefits of a partnership and the limited liability protection of a corporation. A professional corporation (PC) is organized according to the laws of the state where the professional is licensed to practice.

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What does the abbreviation PC stand for?

Acronym. Definition. PC. Personal Computer (generic term)

Is a PC an S or C corporation?

PCs are generally taxed like a C-Corporation, with the PC paying taxes at the corporate rate, which can lead to double taxation. PLLCs, on the other hand, are taxed like LLCs, which generally have pass-through taxation of the members.

What is a PC charge?

PC Charge is a simple but powerful payment gateway and processing software that enables businesses with Windows-based systems to process credit cards, ATM / debit cards, EBT cards, checks, and gift / loyalty cards electronically on their PCs.

What is a PC criminal charge?

Definition and Elements of the Crime

Battery under California Penal Code Section 242 PC is a frequently-filed criminal offense that involves any intentional and unlawful physical contact on another person.

What is a PC owner?

Professional corporations or professional service corporation (abbreviated as PC or PSC) are those corporate entities for which many corporation statutes make special provision, regulating the use of the corporate form by licensed professionals such as attorneys, architects, engineers, public accountants and physicians …

Can a PC be a sole proprietorship?

Having an “LLC” or a “PC” behind your law firm name can help to serve a professional reputation, though many attorneys continue successfully as a sole proprietorship. Sole proprietorship income is taxed as your own personal self-employed income like many LLCs.

How is a PC taxed?

A PC must file a professional corporation tax return and pay taxes on its earnings. … PCs are subject to a 35% flat federal tax rate on their corporate earnings, which can be a disadvantage since C corporations are taxed at 15 to 34% for their earnings below $100,000.

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What does PC stand for in jail?

Protective custody (PC) is a type of imprisonment (or care) to protect a person from harm, either from outside sources or other prisoners. Many prison administrators believe the level of violence, or the underlying threat of violence within prisons, is a chief factor causing the need for PC units.

What does AFK mean?

AFK is an acronym that means “away from keyboard.” But it’s primarily meant to convey that you won’t be available at your computer or device for a period of time.

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