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LLC
Disadvantages
LLC
Disadvantages
LLC's
can be very complex, especially when one is established in one state,
but does business in another state, which has no LLC statute.
Uncertainties still exist regarding the operations and taxability of
LLC's. There have been many
private letter rulings and revenue rulings discussing the various issues
of LLC's.
Disadvantages
of LLC’s
- Questions
regarding self employment taxes.
- Additional
taxes and filing fees.
- Required
calendar year.
- Debt
issues.
- Fringe
benefit issues.
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