Longmont 303-776-9900
Louisville 720-726-3670

blog 1

Commentary and Analysis Regarding Colorado Law

Starting a New Business

Submitted by Chad A Kupper

A limited liability company is flexible, and offers distinct advantages over a sole proprietorship, namely, the ability to reduce the personal liability of its members. But, did you know that an LLC also offer pass-through taxation in certain circumstances? If there is only one member in the company, the LLC is treated as a “disregarded entity” for tax purposes, and the individual owner would report the LLC’s income or loss on Schedule C of his or her individual tax return. Thus, income from the LLC is taxed at the individual tax rates. Make sure you know which corporate tax election is best for your LLC. Ask us how we can help you set up the right business for your needs.

Public Benefit Corporations
A Holiday Gift to Your Family

Blog Archive

Serving The Entire State Of Colorado
Map and Directions

Longmont Office

515 Kimbark Street, Second Floor
Longmont, CO 80502
Phone: 303-776-9900 
Maps & Directions

Louisville Office

363 Centennial Parkway, Suite 110
Louisville, CO 80027
Phone: 720-726-3670 
Maps & Directions