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Is LLC subject to double taxation 2024?

Cameron Powell | 2023-05-08 00:38:56 | page views:1201
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Alexander Clark

Works at Apple, Lives in Cupertino, CA
Two business structures are often preferred for small businesses, since they avoid this double taxation burden: the LLC (limited liability company) and S Corporation. With these business structures, the company is taxed more like a sole proprietor or a partnership than as a separate entity, like the C Corporation.
2023-05-12 00:38:56

Zoe Martin

QuesHub.com delivers expert answers and knowledge to you.
Two business structures are often preferred for small businesses, since they avoid this double taxation burden: the LLC (limited liability company) and S Corporation. With these business structures, the company is taxed more like a sole proprietor or a partnership than as a separate entity, like the C Corporation.
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