A limited liability company (LLC) is a business that offers management flexibility, pass-through taxation and, in most cases, personal asset protection during bankruptcy or lawsuits. Often, your home ...

A limited liability company (LLC) is a legal business structure, but the IRS does not recognize an LLC as a classification for tax purposes. The IRS considers LLCs a disregarded entity for tax ...

If you are the owner of an LLC and want to file the correct tax return for your business, the job starts with gathering the right documents. You’ll need records to validate all your business’s income, ...

In general, partners in a limited liability company file their taxes the same way they would if the business were a partnership. In fact, the Internal Revenue Service treats an LLC with multiple ...