LLC (Limited Liability Company)
TaxesA business structure providing personal liability protection with flexible tax treatment — can be taxed as sole proprietorship, partnership, or corporation.
Example
Example: On a $75,000 salary, understanding llc (limited liability company) could save you hundreds or thousands at tax time. For instance, if you are in the 22% marginal bracket, knowing how llc (limited liability company) works helps you make smarter decisions about deductions, credits, and withholding. Check your tax picture with our income tax calculator.