An LLC with two or more members is automatically treated as a Partnership for federal income tax purposes, while an LLC with a single member is automatically treated as a Disregarded Entity.
Topics covered in this report include:
- Why Form A Single-Member LLC?
- Forming A Single-Member LLC
- Implications of Forming A Single Member LLC
Click here to read the whole article or download the PDF.
With more than 25 years of legal experience, Chuck Lotzar knows how to solve problems and make deals happen. He earned his Bachelor of Arts in Business from Michigan State University in 1982, and his Juris Doctorate from the University of Detroit School of Law in 1985. Mr. Lotzar has extensive experience dealing with public contracts and issues related to public officials and has been involved in bond financings with an aggregate value in excess of $5 billion.
Latest posts by Charles Lotzar (see all)
- How Often Do I Have to Re-Certify a Tax Credit Tenant’s Household Income? - November 12, 2015
- Property Tax Abatement vs. Property Tax Exemptions – GPLET - November 12, 2015
- Can You Restructure Your Business Under the Arizona Entity Restructuring Act? - November 5, 2015
