LLCs | Advantages and Disadvantages
9.7 هزار بار بازدید -
4 سال پیش
-
An LLC (limited liability company)
An LLC (limited liability company) provides the limited liability of a corporation, but the ability to be taxed as a partnership (or a sole proprietorship, if there is just one owner).
You can create an LLC in any of the fifty U.S. states by filing articles of organization (different from articles of incorporation) with the state. With some states this is fairly easy, and simply involves filing a one-page form and paying a filing fee to the secretary of state. Some states, however, subject LLCs to an annual tax.
The owners of an LLC are called members. A single-member LLC will be taxed as a sole proprietorship, while a multi-member LLC will be taxed as a partnership. An LLC can also choose to be taxed as an S corporation or a C corporation.
LLCs have only been around since the late 1970's, so there isn't a lot of judicial case law on how LLCs are taxed. Moreover, state laws regarding LLCs vary considerably. Leaving aside those disadvantages, an LLC is the cheapest, fastest way to obtain limited liability for a business's owners.—
Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world.
—
SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS:
• A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING
• A 44-PAGE GUIDE TO U.S. TAXATION
• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS
• MANY MORE FREE PDF GUIDES AND SPREADSHEETS
* http://eepurl.com/dIaa5z
—
SUPPORT EDSPIRA ON PATREON
*Patreon: prof_mclaughlin
—
GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT
* https://edspira.thinkific.com
—
LISTEN TO THE SCHEME PODCAST
* Apple Podcasts: https://podcasts.apple.com/us/podcast...
* Spotify: https://open.spotify.com/show/4WaNTqV...
* Website: https://www.edspira.com/podcast-2/
—
GET TAX TIPS ON TIKTOK
* TikTok: prof_mclaughlin
—
ACCESS INDEX OF VIDEOS
* https://www.edspira.com/index
—
CONNECT WITH EDSPIRA
* Facebook: Facebook: Edspira
* Instagram: Instagram: edspiradotcom
* LinkedIn: LinkedIn: edspira
—
CONNECT WITH MICHAEL
* Twitter: Twitter: Prof_McLaughlin
* LinkedIn: LinkedIn: prof-michael-mclaughlin
—
ABOUT EDSPIRA AND ITS CREATOR
* https://www.edspira.com/about/
* https://michaelmclaughlin.com
You can create an LLC in any of the fifty U.S. states by filing articles of organization (different from articles of incorporation) with the state. With some states this is fairly easy, and simply involves filing a one-page form and paying a filing fee to the secretary of state. Some states, however, subject LLCs to an annual tax.
The owners of an LLC are called members. A single-member LLC will be taxed as a sole proprietorship, while a multi-member LLC will be taxed as a partnership. An LLC can also choose to be taxed as an S corporation or a C corporation.
LLCs have only been around since the late 1970's, so there isn't a lot of judicial case law on how LLCs are taxed. Moreover, state laws regarding LLCs vary considerably. Leaving aside those disadvantages, an LLC is the cheapest, fastest way to obtain limited liability for a business's owners.—
Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world.
—
SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS:
• A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING
• A 44-PAGE GUIDE TO U.S. TAXATION
• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS
• MANY MORE FREE PDF GUIDES AND SPREADSHEETS
* http://eepurl.com/dIaa5z
—
SUPPORT EDSPIRA ON PATREON
*Patreon: prof_mclaughlin
—
GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT
* https://edspira.thinkific.com
—
LISTEN TO THE SCHEME PODCAST
* Apple Podcasts: https://podcasts.apple.com/us/podcast...
* Spotify: https://open.spotify.com/show/4WaNTqV...
* Website: https://www.edspira.com/podcast-2/
—
GET TAX TIPS ON TIKTOK
* TikTok: prof_mclaughlin
—
ACCESS INDEX OF VIDEOS
* https://www.edspira.com/index
—
CONNECT WITH EDSPIRA
* Facebook: Facebook: Edspira
* Instagram: Instagram: edspiradotcom
* LinkedIn: LinkedIn: edspira
—
CONNECT WITH MICHAEL
* Twitter: Twitter: Prof_McLaughlin
* LinkedIn: LinkedIn: prof-michael-mclaughlin
—
ABOUT EDSPIRA AND ITS CREATOR
* https://www.edspira.com/about/
* https://michaelmclaughlin.com
4 سال پیش
در تاریخ 1399/07/06 منتشر شده
است.
9,755
بـار بازدید شده