Nevada LLC Taxation

If you chose to form a Nevada LLC you will need to determine how you would like to have it taxed when you apply for your EIN. You have the following choices:

1. Corporation - C Corp
   
2. Corporation -S Corp
   
3. single member entity
4. partnership

Each of those choices has different tax implications for you. They range from flow through income to potential for double taxation. So prior to starting your Nevada LLC you should contact your accountant and determine which way would be best for you.