I decided to go the consulting route this year and formed a single member LLC. In doing so I submitted my W9 as "disregarded entity" thinking that I could file through my personal income tax on ...

A single-member limited liability company, as a solely owned LLC is called, gives the owner a choice of how to be taxed -- as a sole proprietorship, an S corporation or a C corporation.

States also allow you to form a single member Limited Liability Company (LLC) -- which can... Chron Logo Hearst Newspapers Logo. Skip to main content. Newsletters. About Us. Contact Chron; ...

Going from a multi-member LLC to a single member LLC requires giving notice to state tax agencies, to the secretary of state's office and to the IRS. Tax Basics ...

Pass-through taxation simplifies tax reporting because there are no corporate-level taxes. Instead: Single-member LLC owners report their business income and expenses on Schedule C of their Form 1040.

While each property is different, a self-sustaining property held by a single member LLC for the life of a tax lien (10 years) could provide the member taxpayer with full protection from an IRS ...

Single-member limited liability companies (SMLLCs) are limited liability companies (LLCs) with only one member (owner). As with a corporation, operating a business or investment activity as an LLC ...