â€¢ In the case of a DBA, multiple businesses can operate under the same fictitious name in the same state. Under an LLC, owners have exclusive rights to their name in their state.
â€¢ Though separate in liability, an LLC is not considered a separate taxable entity, and, like a DBA, its owners claim all income from the business on their personal tax returns.
â€¢ A sole proprietor or partnership with a DBA can also file for an LLC, and vice-versa.
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