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franchise tax Taxes

Small Business Tax Loopholes: 3 Things to Consider for Your LLC

When Do I Have to Choose a Tax Election? After forming an LLC, there are three alternative tax regimes. No action is required for the first one, and the other two tax elections can be elected if you think either of the S or C corporation tax elections may be more favorable for your LLC. […]

By IncNow October 20, 2026
taxes Delaware LLC

How Is an LLC Taxed?

How Is an LLC Taxed? The beauty of an LLC is its flexibility in choosing what tax structure works best for your business to keep your taxes as low as possible. For federal tax purposes, an LLC has flexible tax treatment, and the way it is taxed depends on how it is set up and […]

By Matthew Dochnal October 20, 2026

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