Tax Law (Questions About Taxes)/tax


Is there any tax advantage of having an llc for a internet business?

Tax Samaritan
Tax Samaritan  
Hi Al, as far as a tax advantage of an LLC for an internet business, are you considering other entity types. If you are a single-owner LLC, the LLC is treated by default from a tax perspective as a sole proprietorship in which reporting would be done on Schedule C as part of your individual tax return. If there are multiple owners, then the default tax entity would be partnership.

If you have further questions, please don't hesitate to let me know.

Best regards,

Tax Samaritan
Randall Brody, EA, Registered Representative
702.350.1040 Direct
702.933.9115 Fax
Skype: randallsamaritan

Expatriate and Individual Tax Returns
IRS Problems
Small Business and Individual Financial Planning*
Investment Advisory Services*
Tax Planning

Our mission is simple – Your tax return is “our” tax return!

* Securities offered through H.D. Vest Investment ServicesSM, Member SIPC. Advisory Services offered through H.D. Vest Advisory ServicesSM, 6333 N. State Hwy 161, 4th Floor, Irving, TX 75038, 972-870-6000.

Tax Samaritan is not a registered broker/dealer or independent investment advisory firm.  

Tax Law (Questions About Taxes)

All Answers

Answers by Expert:

Ask Experts


Randall Brody, EA, MBA, CCP


Tax Samaritan is a boutique firm specializing in the preparation of taxes and the resolution of tax problems for Americans living abroad, as well as the unique tax issues that apply to taxpayers that are gamblers, teachers, nurses and military.


Get Expert U.S. Tax Preparation Wherever You Live We Built Our Company By Helping People With Their Tax And Financial Goals We can make a difference for you too! Tax Samaritan is a highly specialized boutique firm of Enrolled Agents providing tax solutions and wealth management for U.S. taxpayers with a special focus on assisting Americans living abroad. We strive to make U.S. tax preparation both accessible and easy for our clients. If you’re a U.S. citizen and live abroad, it’s likely that you still need to file a U.S. tax return and we can help make this an easy process for you. Our tax and financial services are very straightforward. We want to help solve your tax and financial issues and enhance your financial situation.

National Association of Enrolled Agents, National Association of Tax Professionals

Enrolled Agent (EA) Certified Compensation Professional (CCP) University of Phoenix: Masters of Business AdministrationCalifornia State University, East Bay: Bachelors of Science, Finance.

Past/Present Clients
We have served thousands of clients worldwide in the last 20+ years.

©2016 All rights reserved.