When established correctly, a Limited Liability Company can minimize or even eliminate federal and state corporate income tax liability. As an LLC, electing pass-through tax treatment eliminates the oft encountered double taxation problem. The IRS requirements differ depending on whether you elect to be taxed as a corporation or a partnership. If the corporate election is made, the filing of the S election enables the corporation to treated as an S-Corporation for tax purposes. Our attorneys can help you create and file the proper documentation necessary to position your entity for the most favorable tax treatment.
Practical solutions for legal problems are an asset to any organization regardless of size or industry. Our attorneys possess the foresight, expertise, and creativity to efficiently resolve the issues that face your business.
The continued success of your business is our objective. Contact Us Online or Call Us at (904) 355-8888 to set up a consultation and learn more about our business formation services.