what does pc mean next to an attorney name mean

What is the meaning of the abbreviation PC after a lawyer's name?

PC. In some states, it isn't uncommon to see the name of a law firm or attorney's office with the letters "PC" after it. PC stands for "professional corporation."

What does PC stand for?

Apr 17, 2004 · Answer. Subject: Re: "PC" after a Lawyer's name. Answered By: juggler-ga on 16 Apr 2004 23:54 PDT. Rated: Hello. P.C. stands for "Professional Corporation." Many jurisdictions recognize a special...

Is a PC Company a legal term?

Mar 28, 2014 · The PC after an attorney's name stands for professional corporation. It is a special type of firm used sometimes to show someone has …

What is the abbreviation for Public Attorney?

Law PC abbreviation meaning defined here. What does PC stand for in Law? Get the top PC abbreviation related to Law. All Acronyms. ... Professional, Corporation, Attorney. Professional, Corporation, Attorney. 1. PC. ... Next Suggest to this list. …

What does PC mean in lawyer terms?

A professional corporation is organized under the laws of the state in which it is formed. Unlike a regular corporation, a PC for lawyers requires that each director, shareholder and officer be licensed to practice law.Sep 26, 2018

What does PC stand for after someone's name?

"PC" after a company's name stands for "professional corporation," a type of corporation used by professionals such as lawyers, accountants and doctors because of the limited liability and tax advantages it provides.Mar 30, 2020

What is PC after law firm 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 PC stand for in documents?

Word forms: PCs PC is an abbreviation for personal computer.

What does PC stand for in business?

"PC" after a company's name stands for "professional corporation," a type of corporation used by professionals such as lawyers, accountants and doctors because of the limited liability and tax advantages it provides.

What is a PC?

A professional corporation, abbreviated as "PC" after a company’s name, is a type of corporation often seen in professions where highly educated people provide services to those who need their expertise, such as accountants, lawyers, doctors, architects, consultants and other professionals. They are often entrepreneurs who have joined in business ...

How are PCs taxed?

PCs are taxed in a way that comes with both advantages and disadvantages. For example, PC employees have higher contribution limits on retirement plans. PCs can provide health and life insurance benefits tax free and can receive deductions for additional benefits like disability insurance.

Who is Barbara Bean Mellinger?

Barbara Bean-Mellinger is a freelance writer who lives in the Washington, D.C. area. She has written on business topics for afkinsider.com, smallbusiness.chron.com, Harbor Style Magazine, the Charlotte Sun and more, as well as advertising copy and materials.

Is a partnership a partnership?

In a partnership, all partners are liable for the actions of the other partners. This is why professionals often find a professional corporation more advantageous since they are held liable only for their own actions. A limited liability company is like a partnership but with more limited liability.

What is a PC company?

Many people see "PC" after a group of lawyers’ names, and therefore they assume a PC company is a legal term or is related to lawyers.

What is professional corporation?

It is a legal term in the sense that a professional corporation is a legal entity that provides professionals with certain tax and legal advantages. However, professional corporations are not only for lawyers; PCs benefit many types of professionals by giving them legal protections and tax advantages. 00:00. 00:02 09:16.