One thought on “What are the costs of forming a limited liability company (LLC)?

  1. Arti says:

    As mentioned, avoiding double taxation is one of the main benefits of starting an LLC; however, it’s important that LLC owners understand the individual taxes they are responsible for. By default, an LLC with one member is taxed as a sole proprietorship, and an LLC with multiple members is taxed as a partnership. These members are considered self-employed and are responsible for paying self-employment taxes. In most states you can file an LLC online using a credit or debit card or by mail with a check or money order. LLC requirements vary state by state, and it’s important that you are well-versed in your specific state laws before proceeding. LLC requirements vary state by state, and it’s impo

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