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/
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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