Name: Accounting Freedom, Ltd. - Greater Milwaukee Region
Address: 1567 Wisconsin Ave, Grafton, WI, 53024, US
Telephone: +12623752440

Limited liability company (LLC) members commonly claim that their distributive shares of LLC income aren’t subject to the LLC self employment tax. This claim is after deducting compensation for services in the form of guaranteed payments. However, the IRS has been cracking down on LLC members as they claim several are underreporting SE income. This claim by … Continue reading “LLC Self Employment Tax – When Are Members Subject To It?”