LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the ...
deductions and credits are passed-through to the owners and reported on their own tax returns. The LLC reports each owner's share of these amounts on a Schedule K-1 at the end of the year.
If you are the owner of an LLC and want to file the correct tax return for your business, the job starts with gathering the ...
The IRS started processing tax returns on Monday, Jan 27. Experts urge taxpayers to file promptly after receiving W-2s and ...
The LLC arose from business owners' desire to adopt ... to the partners (who reported it on their individual income tax returns) but also to protect themselves from personal liability for the ...