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HOW A LIMITED LIABILITY COMPANY PAYS INCOME TAXES?

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HOW A LIMITED LIABILITY COMPANY PAYS INCOME TAXES?

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The IRS treats a limited liability company as a sole proprietorship or partnership, depending on the number of owners. For tax purposes, a limited liability company can elect to file as a C corporation or S corporation. The election must be approved. See more on Corporations. NEED HELP FILING CORPORATION TAXES. We can help!

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