Page 15 - Incorporatoin Services
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Limited Liability Company (LLC) in IRS
State Statute.
A Limited Liability Company (LLC) is a business structure allowed 01
by state statute. Each state may use different regulations, you
should check with your state if you are interested in starting a
Limited Liability Company.
Single Member LLC.
Only one business owner having 02
100% ownership.
LLC Filing as Corporation or Partnership.
Use Form 8832 to select Entity 03
Classification for Tax Purposes only
Power of Attorney for LLCs.
File Form 2848 based on LLC type. 04
Effective Date of Election.
You have option to change classification within 05
75 days or 12 months after filing Form 8832.
