Can An Llc Write Off Business Expenses
Can an LLC Write Off Business Expenses? A Comprehensive Guide Owning a Limited Liability Company (LLC) offers a lot of advantages, from liability protection to tax flexibility. One of the most attractive aspects is the ability to potentially deduct business expenses, which can significantly reduce your taxable income and, ultimately, your tax bill. But how does this work, exactly? Let’s dive into the details. What is an LLC and Why Does it Matter for Deductions?...