1. All the Taxes an LLC Pays
Here is a review of all the taxes paid by an LLC - income taxes, sales taxes, property taxes, and more.
2. How an LLC Pays Income Taxes
Single-member LLCs pay income taxes as sole proprietorships. Multiple-member LLCs pay income taxes as partnerships.
3. Should I Elect to Have My LLC Be Taxed as a Corporation?
Before you elect to have your LLC taxed as a corporation, you should talk with your tax adviser. To help you sort through this question, here are some advantages and disadvantages to this election and tax status.
4. How to File the Election for an LLC to be Taxed as a Corporation
An LLC can file an entity election on Form 8832 to elect to be taxed as a corporation. This article describes the process....
5. State Taxes and LLCs
States commonly use the federal tax forms to determine income tax for LLCs, but each one has different exclusions and deductions. Some states impose additinal taxes, like a VAT tax or a franchise tax.
6. Taxation Advantages and Disadvantages of an LLC
An LLC is a commonly used business form today, and it has some tax advantages compared to corporations, but it also has disadvantages. Since an LLC with more than one member is taxed as a partnership, the advantages and disadvantages relate both to partnerships and LLCs.
