Understanding what not to do is crucial to avoid an audit. Below, I’ll share several actions LLC business owners make that ...

Understanding your marginal tax rate is essential as an LLC owner since you’ll need to file your individual tax return. An important consideration for 2025 is the Corporate Transparency Act.

Tax refunds from TPG Products SBTPG LLC can result from deducting tax preparation fees via Refund Transfer, processed through platforms like TurboTax.

For an LLC with multiple members, the company does need to file an informational tax return with the IRS. This tells the tax agency how the LLC has divided its earnings among its members, to make ...

The partnership-level adjustment may be required for a substantial built-in loss, except for electing investment partnerships and securitization partnerships.

The credit is worth up to $2,000 per tax return, and there’s no limit on the number of years a filer can claim the credit. There are different eligibility rules for the AOTC and the LLC ...

When you have valuable assets, significant costs or debt, or the possibility of someone getting hurt, a limited liability company (LLC) could help shield you from liability. Additionally, it can ...