Like
Comment
Share
Load more posts
About
One of the most advantageous aspects of the LLC is that it has the ability to choose how it is treated as a taxable entity. According to the IRS an LLC is, by default, federally taxed as a partnership (in the case of a multi-member LLC) or as a sole proprietor (in the case of a single member LLC). The LLC, however, may elect to be taxed as a C or S corporation at any time if the members so choose. This can be useful if the income from your business tends to fluctuate.
Friends
1
Crop your avatar