LLC Big Tax Consequences
LLC Big Tax Consequences For Single Member LLC’s The IRS imposes self-employment tax on net profit at a rate of 15.3% plus Federal and State income tax.
An operating agreement is a key document used by limited liability companies to outline the business’ financial and functional decisions including rules, regulations and provisions
LLC Big Tax Consequences For Single Member LLC’s The IRS imposes self-employment tax on net profit at a rate of 15.3% plus Federal and State income tax.