Under the "Check-The-Box" Treasury Regulations,an LLC with More Than One

question 57

True/False

Under the "check-the-box" Treasury Regulations,an LLC with more than one member is treated as a partnership unless the LLC affirmatively elects to be classified as a corporation.

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Definitions:

Referral for Patient Care

The process by which a healthcare provider sends a patient to another specialist or service for further examination or treatment.

Primary Care Provider (PCP)

A healthcare professional who serves as the first point of contact for patients, offering general medical care, preventive measures, and referral to specialists.

Verification of Eligibility

The process of confirming whether an individual meets the criteria to participate or receive benefits from a particular government, insurance, or service program.

Participating Provider

A healthcare provider who has agreed to accept predetermined fees for services provided to members of a specific insurance plan or network.