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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: Robert Kowalski - 8 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.


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