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SLF Blog 
VA Business Lawyer Protects Your Personal Assets with an LLC
http://www.sodowskylaw.com People often ask our Virginia business lawyers if they should form a limited liability company (LLC) and if their personal assets are protected from the IRS under the LLC. Watch this video as a knowledgeable Fairfax tax and business lawyer explains more about LLCs.
An LLC is a business structure that allows owners to have limited personal liability for the debts of the LLC, making this type of business structure attractive for most people. If you are interested in setting up a business entity and want to protect yourself and your personal assets from the IRS, then you should consider an LLC. However, the LLC will not protect your personal assets from the IRS if you fail to pay your payroll taxes. Make sure you collect and pay your payroll taxes in order for the LLC to protect you.
For help setting up your business in Virginia, you should talk with a skilled Fairfax business advising lawyer at the Sodowsky Law Firm, who has years of experience in tax and business law. Call (703) 968-8000 to receive a free consultation, and also visit our website at http://www.sodowskylaw.com to read our informative articles and other resources that could benefit you.
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Sodowsky Law Firm, PC
12500 Fair Lakes Circle
Suite 100
Fairfax, VA 22033-3804
Phone: (703) 968-8000
Fax: (703) 968-9123
Toll Free: (800) 322-9118
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FAQs
IRS Problem Resolution
- Can a limited liability company (llc) protect me (my assets)from the IRS?
- What is the "Trust Fund" portion of payroll taxes?
- What If I Cannot Fully Pay My Taxes?
Business Setup and Advising
Videos
IRS Problem Resolution:
- Virginia Tax Attorney Explains Why the IRS Audits Some
- VA Tax Lawyer Reviews the Types of Offers in Compromise
- How a Virginia Tax Attorney Resolves Your IRS Problems
- When Will My Tax Case Be Resolved? VA Tax Attorney Explains
- How Much Does a Northern Virginia Tax Attorney Charge?
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