what is a p.c. attorney

What does attorney PC mean?

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." Like limited liability companies, corporations and other business structures, professional corporations are legally recognized business entities in some states.

What is a PC law firm?

P.C. An abbreviation for professional corporation, which is a special corporation established by professionals, such as physicians, accountants, or, in some states, attorneys, who practice together. In most jurisdictions, a professional corporation may be organized by professionals who render a personal service to the public that requires a license and that, before proper statutory …

What kind of lawyer do I Need?

Jul 16, 2021 · The legal regulations they adhere to are different than other similarly named organizations, though. Keep reading to find out what does a professional corporation mean and what is the difference between a professional corporation and a regular corporation. If you need further legal assistance, just enter your ZIP code below.

What does PC mean in legal terms?

Apr 17, 2004 · The P.C. stands for "professional corporation". A professional corporation is a special type of Maryland corporation that provides lawyers and other professionals such as doctors and accountants...

What does PC stand for in law?

professional corporationA 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 is a PC vs 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.

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

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 kind of company is PC?

Professional CorporationsProfessional Corporation. Professional Corporations (PC) are corporations for certain occupations - typically, service professions like lawyers, doctors, architects and the like. A professional corporation isn't allowed to branch out beyond the services for which it was specifically incorporated with the state.Aug 19, 2015

What does PC stand for in criminal justice?

“Reasonable articulable suspicion” (RAS) and “probable cause” (PC) are two of the most important concepts in criminal work. However, reading those two phrases does not provide much information about what they mean, how they work, or when they apply.

What does PC stand for in documents?

A project charter (PC) is a document that states a project exists and provides the project manager with written authority to begin work.