Review information about a Limited Liability Company (LLC) and the federal tax classification process.

2024年8月22日 · A Limited Liability Company (LLC) is an entity created by state statute. Depending on elections made by the LLC and the number of members, the IRS will treat an LLC either as a corporation, partnership, or as part of the owner’s tax return (a disregarded entity).

A single-member LLC is also required to use its name and EIN to register for excise tax activities on Form 637; pay and report excise taxes reported on Forms 720, 730, 2290, and 11-C; and claim any refunds, credits and payments on Form 8849.

An LLC with at least two members is classified as a partnership for federal income tax purposes. An LLC with only one member is treated as an entity that is disregarded as separate from its owner for income tax purposes (but as a separate entity for purposes of employment tax and certain excise taxes).

An LLC is an entity formed under state law by filing articles of organization. Generally, for income tax purposes, a single-member LLC is disregarded as an entity separate from its owner and reports its income and deductions on its owner's federal income tax return.

2024年9月11日 · There are electronic filing options available for many of the taxes and forms that small businesses are required to file, such as excise and employment taxes, Forms 1120, 7004, 1041 and various information returns.

2024年9月26日 · Find information about getting an employer identification number (EIN), understanding deductions and tax credits and using the IRS tax calendar.

The form of business you operate determines what taxes you must pay and how you pay them. The following are the five general types of business taxes. Income tax; Estimated taxes; Self-employment tax; Employment taxes; Excise tax; Income tax. All businesses except partnerships must file an annual income tax return. Partnerships file an ...

2024年12月10日 · You may send estimated tax payments with Form 1040-ES by mail, or you can pay online, by phone or from your mobile device using the IRS2Go app. You can also make your estimated tax payments through your online account, where you can see your payment history and other tax records. Go to IRS.gov/account. Visit IRS.gov/payments to view all the ...

2025年2月13日 · See current federal tax brackets and rates based on your income and filing status.