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How Are LLCs Taxed? Your Beginner Guide
As a small business owner, it is vital to know where your money is going and what taxes you must pay every month, quarter, or year, so you can budget accordingly.
As a small business owner, it is vital to know where your money is going and what taxes you must pay every month, quarter, or year, so you can budget accordingly.
A limited liability company (LLC) is a business that gives the owners limited liability, so their assets are protected if they were to be sued or get into financial difficulty.
For this reason, it’s an incredibly popular business structure, but understanding how they are taxed can be complicated. We’ve broken it down for you here, so read on to understand exactly how LLCs are taxed so you can move forward with confidence.
