LLC Tax Classification: What it is and How to get it LLC tax classification is the way you choose your LLC entity taxing structure. LLC is short for limited liability company. There are folks who think that LLC is short for Limited Liability Corporation, but that’s not
LLC yourself or form an LLC company without a lawyer? Sure, you can do it yourself. The forms are not complicated and can be easily filled out and filed. In fact, most states have a set of “fill in the blank” Articles of Organization available on the
Membership interests or certificates represent ownership in an LLC. It is similar to “stock” held in the corporation. Of course, there isn’t any stock in an LLC, but rather membership interests. I mention stock because the membership interests need to be treated just like stock would be