Posts Tagged ‘single member LLC’
It’s Not Too Late for Your LLC
If you haven’t yet filed your tax return (and this year is the year you probably REALLY want to extend it due to all the uncertainty with 2009 tax law), you can still select how you want your LLC to be taxed. So, for example, let’s say you have a single member LLC and you ...
New Target for IRS Audits
The IRS is gearing up for the next onslaught of audit attacks. This time they’re after Sole Proprietorships aka Schedule C filers. Remember if you have a Single Member LLC and have NOT elected how to be taxed for your business, you’re going to default right into the Sole Proprietorship category. Based on the number ...
