📘 Book Answer: No. The IRS uses Schedule C for sole proprietors and single-member LLCs. 👉 The deductions are the same. 👇👇👇
🩺 Dr. Geno’s Take: An LLC doesn’t create extra write-offs—but it does matter.
✅ Legitimizes your business The IRS is always watching for illegitimate “businesses” used to chase big refunds.
🧾 Establishes a real operation An LLC + EIN shows structure, intent, and compliance.
🛡️ Protects your personal assets Separation matters.
⭐ Builds business credibility With banks, vendors, and clients.
There are many more benefits to having an LLC—but taxes alone shouldn’t be the reason you form one.
Ask the Tax Doctor. Go with a Pro..... GBC Tax Pros