Written by attorney Thomas B Burton

What is Flow-Through Taxation for an LLC?

Attorney Thomas B. Burton explains how Limited Liability Company members can elect to be taxed as a corporation or a partnership with the IRS and talks about why many small business owners choose to be taxed as a partnership in order to receive flow-through taxation to their personal income tax return.

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Check out my Free 5 Step Wisconsin LLC Start-Up Guide at the link below

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