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Posts Tagged ‘LLCs’

A Tax Change For Single-Member LLCs

By Elizabeth T Russell • Nov 26th, 2008 • Category: Business Law, Newest Post, Tax Law

For federal tax purposes, an LLC with one owner is referred to as an entity that is not separate from its owner (a “disregarded entity”) unless an election is made for it to be treated as a corporation.
An upcoming change affects how single-member LLCs will be required to pay employment taxes.
For wages paid before Jan. [...]