For many companies, it can deliver significant tax benefits as well. Here’s why. By default, a single-member LLC (with a sole ...

This allows owners to operate a business without being ... taxes.) Instead, the business owner reports any income or losses ...

An LLC taxed as a C-corp would have to issue a 1099-DIV for any distributions paid out since these are dividends. The benefit of a flow-through tax structure for sole proprietorships, partnerships ...

LLCs may elect not to pay federal taxes directly. Instead, their profits and losses can be reported on the personal tax returns of the owners. Or, the LLC may ... owners from being held personally ...