Hi,
I opened single-member LLC in May 2023 that will not generate profit by the end of the year. Following all the business expenses, the LLC will most likely incur a ~$3k loss in 2023. Should I still file the LLC in my 2023 taxes if there won't be a profit in 2023? What are the benefits in filing the LLC if I am taking on a loss? Any information/recommendations would be greatly appreciated - thank you!
