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| *Loan,banking and credit>>>income tax |
If I start a business as an LLC and I make no Income for that year, would I still need to pay taxes? |
I'm looking into getting an LLC and I'm trying to understand what it would cost me if my business isn't a success. I don't think it would be a failure, but I don't want any surprises just in case. Could someone tell me more about having an LLC You would not need to pay taxes if you have no income. In addition, you could carry forward any losses to deduct against future income. Income tax is not payable but if other professional taxes are there you have to pay |
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