How To Manage LLC Capital Contributions and Distributions

By Matthew Dochnal April 11, 2023
making a capital contribution

What is a Capital Contribution? A capital contribution refers to the cash or property that owners provide to their business. LLC members typically make initial capital contributions when opening the business and may contribute more throughout the company’s lifetime.  Initial capital contributions often play a significant role in determining a member’s ownership percentage in an […]

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How To Maximize Tax Savings for Single-Member LLCs

By Matthew Dochnal November 8, 2022

Tax Deductions and Write-Offs for Single-Member LLCs Single-Member LLC owners can find significant cost savings for their business just by digging into the tax code. Here are some less obvious business expense deductions that Single-Member LLCs can claim to significantly lower their costs: Home-Office Deduction – Deduct up to $1,500 if you run your business […]

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