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At the end of each year the LLC files a return with the IRS showing how much the profits or losses are and who the members are that get the credit for the losses or owe the taxes for the profits. The LLC does not pay taxes. Clients have used their Nevada corporations and corporate bases to their advantage in many interesting ways, especially those who have corporations in other states and are losing from 3 to 12% of their income to state corporate taxes. Protect your assets with asset protection setup by Nevada State Corporate Network. They'll help you form a living trust, a family limited partnership or a land trust. As a sole proprietor, all of the net income from your business must be treated as personal income. This means that every dollar you earn is subject to employment taxes and income taxes. You'll find asset protection consultants, estate planning services, nevada incorporation services and tax reduction strategies when you visit the Nevada State Corporate Network website. If you run a non profit corporation or need to setup a non profit corporation, a california llc, nevada llc, florida llc or delaware llc, check out www.incorptoday.com. You can get a living trst, wills and trust, a revocable trust, land trust, california living trust and ever pre paid legal service from Nevada State Corporate Network. In today's society, a properly structured estate plan is more than just a plan to avoid probate. An estate plan is now used to preserve wealth while a person is alive, prevent lawsuits, provide privacy for the owners of the plan, reduce taxes and lastly to avoid probate. If you are a sole proprietor and you need to find out about legal corporate deductions, nevada incorporation or even a living trust, call Nevada State Corporate Network. When you visit incorptoday.com, you'll find information on living trusts, family limited partnerships, tax strategies, corporate strategies and estate plan information. The resident agent is the authorized agent for service of process in the State of Nevada. Service of a summons and complaint against the corporation can be made on the resident agent. NSCN will prepare, execute and file the articles of incorporation, certificates of limited partnership and articles of organization (for limited liability companies) with the Secretary of State. Nevada State Corporate Network NSCN is a Full-Service Incorporating, Consulting, Business and Asset Management firm providing creative turn-key solutions for today's complex Tax, Privacy and Asset Protection issues.

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