Answers
LLC Taxes
Asked by:
jacq — 6 April, 2013
When does a registered LLC start getting taxed? Even with nonoperations, does an LLC pay taxes?
Answered by:
admin — 6 April, 2013
Jacq,
By itself LLC is not taxed, but any LLC profit is reported on personal tax returns of LLC owners. If your LLC is non-operational you might still be required to file a tax return, so I recommend you to consult your CPA for more personalized advise.
Ask Incorporation Question