Credits and deductions for businesses - Internal Revenue Service
Nov 7, 2025 · Find information about credits and deductions for businesses and how to claim them on your tax return.
Publication 334 (2024), Tax Guide for Small Business
Limited liability company (LLC). An LLC is an entity formed under state law by filing articles of organization. Generally, for income tax purposes, a single-member LLC is disregarded as an …
Limited liability company (LLC) - Internal Revenue Service
Oct 9, 2025 · Review information about a Limited Liability Company (LLC) and the federal tax classification process.
Limited liability company (LLC). An LLC is an entity formed under state law by filing articles of organization. Generally, for income tax purposes, a single-member LLC is disregarded as an …
Guide to business expense resources | Internal Revenue Service
Feb 19, 2025 · Note: We have discontinued Publication 535, Business Expenses; the last revision was for 2022. Below is a mapping to the major resources for each topic. For a full list, go to the …
LLC | Internal Revenue Service
Dec 4, 2025 · What are the income limits for LLC? For tax year 2024, the amount of your LLC is gradually reduced (phased out) if your MAGI is between $80,000 and $90,000 ($160,000 and …
Single member limited liability companies | Internal Revenue …
A Limited Liability Company (LLC) is an entity created by state statute. Depending on elections made by the LLC and the number of members, the IRS will treat an LLC either as a …
Publication 3402 (03/2020), Taxation of Limited Liability Companies
Sep 9, 2024 · The Sales Tax Deduction Calculator (IRS.gov/SalesTax) figures the amount you can claim if you itemize deductions on Schedule A (Form 1040 or 1040-SR), choose not to …
LLC filing as a corporation or partnership - Internal Revenue …
Review information about the Limited Liability Company (LLC) structure and the entity classification rules related to filing as a corporation or partnership.
Topic no. 503, Deductible taxes - Internal Revenue Service
Dec 4, 2025 · Generally, you may take an itemized deduction, subject to limitations, for certain state, local, and foreign taxes you pay even if you did not pay the tax while in a trade or …