LLCs have a choice,under federal tax law,of being taxed as either a corporation or as a

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The best choice for LLCs is to be taxed as a partnership because it allows for pass-through taxation, where the profits/losses of the business are passed through to the owners and reported on their individual tax returns. This avoids double taxation that occurs with a corporate structure. Additionally, partnerships provide flexibility in terms of management and capital contributions.

LLCs Have a Choice,under Federal Tax Law,of Being Taxed as Either