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 ...

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; ...

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 ...

For instance, upon the death of the owner of a single-member LLC, the business may have to be dissolved unless there was an operating agreement in place stating otherwise.

Last week I wrote a two-part series on how the single-member LLC can be utilized as part of a farming or ranching business. A large part of my focus was on the single-member LLC and what it means ...