Resource Center

by Jennifer Villier, JD | Business Law Faculty, WealthCounsel

It’s no surprise that LLCs remain an attractive option for business owners. In addition to providing them limited liability, they allow the owners to customize the LLC’s management and economic structure while offering a high degree of flexibility in taxation. However, when choosing the right federal tax structure for your LLC, careful planning is key.

In this Insight Brief, "Choosing a Federal Tax Structure for Your LLC," I address this topic and explore the available federal tax options, including:

  • Partnership,
  • Disregarded entity,
  • C corporation, and
  • S corporation.

Download it to learn more about the pros and cons of each and help discern which option might be most advantageous for your clients.