Friday, October 25, 2013

What are the tax implications for a multi-member llc? and IMG_1335_1600x1067

What are the tax implications for a multi-member llc?



Is it subjected to double taxation like a corporation?

I am based in the US btw.


Taxation best answer:

Answer by the tax lady
Unless incorporated, it's treated as a partnership. Form 1065, no double taxation.


Taxation

IMG_1335_1600x1067
Taxation

Image by Les_Stockton



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