4 ms·
Exactly, and American single-owner LLCs can pay taxes very simply on their personal 1040 tax form. It's only if you elect your LLC be taxed as an S-corp or C-c
by waffle_ss 6y ago
Exactly, and American single-owner LLCs can pay taxes very simply on their personal 1040 tax form.
It's only if you elect your LLC be taxed as an S-corp or C-corp, or incorporate as a real corporation that taxes need to get complicated.