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LLC's have a lot of benefits but tax savings is NOT one of them. Creating an LLC does not save you on taxes! The more important thing to think about from a tax perspective is are my expenses REASONABLE and NECESSARY and have I documented them in a way that I can defend my position to the IRS! If you're just starting a business your entity creation and selection can matter. If you create an LLC with more than one owner, you will automatically be designated as a partnership which requires a separa
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