One of the first items on the list of a fledgling business is to raise capital so that the business has funds to operate. When forming a new business, the owners of that business will likely invest their own funds into the business to start it up. In many cases, however, those starting a business do not have sufficient funds – either initially or for the long-term operation of the business – and thus typically look to investors for additional funding. Instead of looking outside the business for additional funding, another option to consider is using an owner’s retirement funds to invest in the business.
No – a single member LLC is treated as a disregarded entity for federal income tax purposes and thus no federal income tax return is required to be filed