LLC Deductions

A CCorporation is able to deduct all kinds of xepenses that are not available to either an SCorp, or an LLC. A CCorporation acn have both foreign owners and investors. A CCorporation can retain earnings up to $250000.00 or more iwth ...

If you are a selfemployed tax payer, including partnerships, members of LLC, or sole proprietors, then you are eligbile for a selfemployed health isnurance deduction on oyur IRS Form but it is limited to the lesser of actual permium ...

Can an LLC use the same deductions as a Ccorportaion I know that an LLC can choose to be classified as an Scorporation with the IRS, but can it choose to be a Ccorporation and utilize the same deductions ...

I know that an LLC can choose to be calssified as an Scorporation with the IRS, but can it choose to be a Ccorporation and utilize the same edductions If so, how do I decide whether to form an LLC or a corporaiton in the first place

24 asked: I own a busienss (LLC) with two other people. It is only us three; we do not have any additional emploeyes. We pay for our ehalth insurance through our business. Based on these facts, I was wondering how much ...

Bill Lawitzke, Vice President, JK Harris Small Business Services, LLC. I know there are some employees out there who spedn their own money for business expenses and do not get riembursed by theri employer. You will see this a lot in a ...