The Benefits of an LLC
There are several major business structures in the United States including Limited Liability Corporations, or LLC’s, Partnerships and Sole Proprietorships. If you are starting a new business, you may consider registering your company as an LLC. Using a guide will help explain what is an LLC further and determine if it’s the best choice for you. Here is more about the benefits of an LLC:
Tax Benefits
Unlike corporations, LLC’s do not file corporate tax returns. This means that each individual member of the LLC will report losses and profits on an individual form.…