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Updated almost 10 years ago on . Most recent reply

James Peoples's profile image
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James Peoples
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  • from Atlanta, GA
  • Member since Jun 27, 2013
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James Peoples
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  • from Atlanta, GA
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James Peoples
  • Investor
  • Atlanta, GA
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Goals, Business Plans & Entities

LLC MEMBER QUARTERLY TAXES

James Peoples
  • Investor
  • Atlanta, GA
Posted

What's the point of setting up and LLC if members of the LLC has to pay quarterly taxes for income they may or may not make.

Someone please explain this logic to me I'm missing something.

Why set up an LLC when it's expensive to maintain?

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Brandon Hall
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Brandon Hall
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Brandon Hall
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Brandon Hall
  • CPA
  • Raleigh, NC
Replied
Originally posted by @Al Wilson:

Also allows you to write off numerous out-of-pocket expenses against business revenues.

 Do you mind elaborating on this?

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