Setting up an LLC - Protection for the Taxpayer

15/10/2020 7 min

Listen "Setting up an LLC - Protection for the Taxpayer"

Episode Synopsis

Luke and Darren dive into the details of a "LLC" (Limited Liability Company) and how this simple step in the process of setting up your business can save you troubles down the road.  
They discuss:

Why the LLC election is important
How to obtain your LLC election
The IRS standards for electing to become a single-member LLC versus electing to become a multi-member LLC.


For more information about Harrison Tax & Accounting - visit: https://www.harrisontaxandaccounting.com/