Welcome to the LLC Hub!
There a few different types of LLCs and understanding this is key for knowing how you will be taxed as the owner of your LLC. we’ve got you covered below; simply click through to learn more about starting an operating your LLC.
Here are some quick facts to understand about LLCs:
- LLC and their owners exist as separate legal entities, which means that owners are not personally liable for the debts of the business
- An LLC may be taxed by the IRS as a sole prop or a partnership, depending n the number of owners
- LLC business owners avoid double taxation
Learn more now:
- What Is an LLC (Limited Liability Company)?
- What’s a Single-Member LLC? How Do I Pay Myself as the Owner of One? (Read this in Spanish here)
- What’s a Multi-Member LLC? (Read this in Spanish here)
- How do I pay myself as an owner of a multiple-member LLC?