Limited liability corporations are taxed as either pass through entities or as a partnership depending on the number of owners. Sole owners of LLCs may qualify for tax exemptions not typically applicable to individual tax filing; LLCs are also known to avoid double taxation.





Comments


Log in to comment or register here.
Subscribe

Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!