What tax return does an LLC file?
The tax return that an LLC has to file all depends on the LLC in question. Some LLCs are set up differently, and that organization structure dictates how the federal government expects you to file your tax return. Single-Member LLC If you are a single-member LLC, then your LLC will have only one […]
Single-Member LLC Tax Considerations
Dealing with taxes as a single-member LLC is very different than that of a multi-member LLC. Single-member LLC taxes are paid as if the business is a sole proprietorship, and thus, the business is a disregarded entity for tax purposes. All that really means is that your business return is filed on Schedule C of […]