How do LLCs get Taxed?

First of all, what exactly is an LLC?  It stands for Limited Liability Company.  Unlike a C Corp. or an S Corp. it is NOT considered a separate taxable entity.  The IRS treats an LLC as if it doesn’t exist, unless certain elections are made.

Why an LLC?  It could be great for your company because they are flexible when it comes to determining how you want to be taxed.  Now, you have the option of taxing your LLC like a sole proprietorship, a partnership or a corporation by filing the appropriate forms with the IRS.  How does that sound on the surface?

The question is…is it right for your company and YOUR future?  Someone who has been working with LLCs for over two decades in Las Vegas may have the answers you need to know.  His name is Michael Mathews.  Michael is one of our area’s top corporation accountants working from his office in the Northwest and serving all of the Las Vegas area.  This is a great time of year to give him a call and discuss your financial future at (702) 240-5237.

POOL PARTY - Memorial Day Weekend - 5/26

POOL PARTY - Memorial Day Weekend - 5/26

(Click the link above for more information)

Drais Beach Club - Las Vegas Pool Party

Doors Open @ 11am
Early Arrival is Strongly Suggested!!!

WE WILL HAVE RAE SREMMURD & SPECIAL GUEST PERFORMING LIVE!!

 

Getting a Hand Up…not a Hand Out.

There may come a time when you and/or your investors need a little financial help.  Even after “The Great Recession”, banks and other lenders still need to loan money to small businesses. The key is to know how to do it and get the best terms.  The eventual goal, of course is to run your operation as debt-free as possible.

Here are some of the steps to follow…

1.)        Build a relationship with a lender BEFORE you need the loan.

2.)        Be very specific as to why you need the money.

3.)        Decide what your company actually needs.  Don’t over or under estimate.

4.)        Prepare a specific loan application package.

There are other steps, but to that last point, why not call Michael Mathews?  Michael is a Las Vegas CPA who excels at applying for area business loans.  Don’t undertake this project without the help of a financial advisor.  Call (702) 240-5237 and make an appointment at his office located in the Northwest at 2620 Regatta Drive Suite 102.

2018 Best Mother's Day Brunch Restaurants in Las Vegas

2018 Best Mother's Day Brunch Restaurants in Las Vegas

(Click the link above for more information)

 

"Mom has fed you so many times, so this Mother's Day, treat her to a special brunch. The whole family can enjoy everything from strawberry waffles with a cappuccino to a succulent plate of crabs' legs paired with a Mimosa."