- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
It depends. If you still have a legal LLC entity then the LLC fee is a valid business expense. The IRS may challenge the viability of your LLC being a business if it does not have profit 3 out of 5 years and disallow the fees. If you have a business purpose to keeping the LLC open and paying the fees to keep it open then they are valid business expenses and deductible.
‎February 25, 2021
10:46 AM