LLC: legally, it's a business entity

来源: 于 2010-05-07 09:30:49 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次

it protects you from personal liability.

Tax wise, LLC is not a separate taxable entity, you must elect it to be one of these:

Sole propietorship
Partnership
Corp (can be S or C corp)

by default, it's taxed as partnership (form 1065)