https://www.ericperkinslaw.com/wp-content/uploads/2019/10/LLC-Tip-of-the-Day.png 452 950 EPManager0 https://www.ericperkinslaw.com/wp-content/uploads/2016/02/PerkinsLawLogo3.png EPManager02019-12-20 10:06:062019-12-20 10:06:06Does an LLC Pay Income Taxes?
Does an LLC Pay Income Taxes?
Does an LLC Pay Income Taxes?December 20, 2019
In most cases, no, at least not directly. One of the advantages of LLCs is a concept called pass-through taxation. This means the LLC itself does not pay federal income tax, its owners do. Income, profits, deductions and losses “pass through”…