What is a Single Member LLC?
A single-member Limited Liability Company, or LLC, is a form of entity registered and recognized by the state that provides some liability protection for the business owner as outlined by state laws. But for tax purposes, a single member LLC is treated the same as a Sole Proprietorship.
Whether your business is a Sole Proprietorship or a single-member LLC, Deductr enables you to get the maximum deductions that business ownership allows.
Note: Consult your tax professional to see if this fits your circumstances. This is not to be taken as tax advice. Please refer to our End User License Agreement.