Episode Synopsis "Setting up an LLC - Protection for the Taxpayer"

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/

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