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Larry MulcockLayered limited liability company

Layered limited liability companies allow you to reduce your FICA obligation. This reduction would be even further than implementing a corporation with a Subchapter S election. The resulting amount of FICA to be paid would be about $1,200.

You would set up two limited liability companies. One would be an active business owned by you and another limited liability company, also owned by you and usually some family members. This second LLC would act as a holding company. This would change most of the income in the active business to passive income which is not subject to FICA.

$595

Get started with you layered limited liability company.