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900 Werner Ct, Suite 200 | Casper, WY 82601
Ph: (307) 234-7800 | Fax: (307) 234-5414
admin@wyocpa.com
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Monday - Thursday: 8:00am - 5:00pm
Friday - 8:00am - 12:00pm
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Lenhart, Mason & Associates, LLC
9 hours ago
Lenhart, Mason & Associates, LLC

Is a limited liability company (LLC) the right choice for your small business? Like the shareholders of a corporation, LLC owners (called members) generally aren’t liable for the debts of the business except to the extent of their investment. So their personal assets are protected from the entity’s creditors. Plus, partnership earnings aren’t subject to an entity-level tax. Instead, they “flow through” to the owners (in proportion to their respective interests), are reported on the owners’ individual returns and taxed only once. To the extent the income passed through to you is qualified business income, you’ll be eligible to take the pass-through deduction, subject to various limitations. bit.ly/3A7Tzk5 ... See MoreSee Less

Is a limited liability company (LLC) the right choice for your small business? Like the shareholders of a corporation, LLC owners (called members) generally aren’t liable for the debts of the business except to the extent of their investment. So their personal assets are protected from the entity’s creditors. Plus, partnership earnings aren’t subject to an entity-level tax. Instead, they “flow through” to the owners (in proportion to their respective interests), are reported on the owners’ individual returns and taxed only once. To the extent the income passed through to you is qualified business income, you’ll be eligible to take the pass-through deduction, subject to various limitations. https://bit.ly/3A7Tzk5
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