TaxFillings
Hi, I formed a single-member LLC in November 2024 and it has had no revenue since then. With the tax deadline coming up, I'm looking for affordable help with the filing. I believe it should be a straightforward case — likely just a Schedule C with zeros. I wanted to ask if this is something you handle and what your fee would be for a simple case like this. The phone number provided is only on WhatsApp so thats the best was to comunicate with me or per email Looking forward to hearing from you!
Quick Answer:
Thank you for reaching out regarding your single-member LLC.
For federal tax purposes, a single-member LLC with no revenue is typically treated as a disregarded entity. Its income and expenses (even if zero for revenue) are generally reported on the owner's personal tax return, often on Schedule C, Profit or Loss From Business. Even with no revenue, if you incurred any startup costs or other business expenses, these would also be relevant for tax reporting.
We can certainly assist with the preparation of tax filings for such entities. To provide an accurate fee estimate for your specific situation, we would need to gather a bit more detail about your overall tax profile and any activities or expenses related to the LLC, even if minimal.
Please feel free to connect via WhatsApp or email to discuss further. We look forward to assisting you.
Note: This answer is provided for convenience only. It is important that you speak to a CPA about your individual tax situation.
