Do members need to pay taxes on their share of the company?
Asked 8 months ago
I have decided to join a multi-member limited liability company. There is some confusion on my end on the taxation treatment of this kind of entity and LLC structure. Does this mean that all members will have a percentage of the company based on their investment? Does this mean that they will have to pay taxes on their share of the company?
Monday, September 26, 2022
Please follow our Community Guidelines