![]() ![]() ![]() LLC owners can choose the tax classification that is most advantageous to them. What is the best tax classification for an LLC? This means that the LLC income is not directly taxed. A single-member LLC is automatically treated as a disregarded entity by the IRS, and a multi-member LLC is considered a partnership. An LLC is classified by default as either a disregarded entity or a partnership based on the number of owners (members). ![]()
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