5 Tax Advantages of Registering an LLC

1. Flexibility in how you are taxed
   The owner of an LLC has a number of different ways of choosing how to be taxed. 
   

2. Lower self-employment taxes
   If taxed as an S Corporation, it may allow less in self-employment taxes. 
   

3. Avoidance of double taxation
   Unlike a Corporation, there is no corporate tax. 
   

4. Potential for lower franchise tax
   State regulations may be different. 
   

5. Ability to lease assets
   It is easier for any corporation to lease assets to another. 

   This document is designed for general information only. The information presented in this document should not be construed to be formal legal or tax advice nor the formation of a lawyer/client relationship. 

   For more information on this and other topics, please contact Kevin via any of the channels listed below:

   📧 kevin@kmckernan.com  | 📞 718-317-5007