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 Business Services » LLC Filings - Limited Liablity Company Filing Services Online and Company Formation
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Small and startup businesses may benefit from an LLC rather than a sole-proprietorship or a partnership as an LLC can provide better legal protection with regards to personal liability. Forming an LLC ie. a Limited-Liability-Company, as the name states, will provide you protection with regards to your personal assets (home, personal property, etc.,). Additionally, an LLC may elect to be an S-Corp with regards to federal tax reporting and filing, in order to benefit from lower personal income taxes and lower or no self-employment taxes (if one is self-employed) depending upon how one chooses to structure, report and file their federal income taxes. For specific issues with regards to tax compliance, reporting, tax filing and business structuring issues, we recommend you contact a professional tax consultant in your jurisdiction.

Article Comparison: Incorporation or LLC? C-Corp or S-Corp? Sole-Proprietorship or Partnership?

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