State Filing Guide

Choosing a business structure

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  1. Should You Form an LLC for Your Business? An LLC can protect your personal property from lawsuits, within limits. But it is not the only option, and it brings upkeep. Here is how to decide.
  2. How the IRS Taxes Your LLC, Step by Step Your state makes your LLC real. The IRS decides how it is taxed. Here is the default classification, the EIN rules and what comes after.
  3. LLC vs LLC Taxed as S Corp: How They Differ An LLC taxed as an S corp is still an LLC under state law. The difference is a federal tax election made with the IRS.
  4. LLC, Corporation vs Sole Proprietorship Compared A sole proprietorship is an unincorporated business you own by yourself. An LLC is a state-registered entity you form on purpose. Here is how they differ.