3 ms·
Note that LLC isn't a tax status An LLC can either file as a c corp and get corporate tax rates, or (sometimes) file as passthrough like as in a sole proprieto
by dmoy 1y ago
Note that LLC isn't a tax status
An LLC can either file as a c corp and get corporate tax rates, or (sometimes) file as passthrough like as in a sole proprietorship. Or as a partnership. It gets complicated
https://www.irs.gov/businesses/small-businesses-self-employed/llc-filing-as-a-corporation-or-partnership https://www.irs.gov/businesses/small-businesses-self-employe...
Anyways, it's up to you, it's not necessarily due to it being an LLC.