Corporate tax without the corporation. An LLC allows a business to be taxed as a corporation without the hassles of a corporation’s business structure. LLCs are generally less expensive to operate, ...
Sometimes a limited liability company, or LLC, has a year with no business activity. For example, a newly formed LLC might not have started doing business yet, or an older LLC might have become ...
The first step in filing taxes for an LLC with no income is verifying your LLC's tax classification. By default, a single-member LLC is considered a disregarded entity, and an LLC with two or more ...
Limited Liability Companies give business owners a unique blend of liability protection and some real tax flexibility. The main tax perk of an LLC is pass-through taxation, which lets profits flow ...
If you’re a business owner or have other types of taxable income, you may need to make quarterly estimated payments in order ...