| If you are planning on forming an LLC corporation, the | | | | federal or state statute or under a statute of a |
| only thing that you will need to do differently is file a | | | | federally recognized Indian tribe is automatically |
| Form 8832 with the IRS. The reason you need to file | | | | classified as a corporation if the business entity |
| this form when forming an LLC is because it allows | | | | describes or refers to itself as incorporated or a |
| you to classify your business for federal tax purposes. | | | | corporation. Your business will also be classified as a |
| In certain cases, you do not need to file this form | | | | corp for federal tax purposes if it is formed under a |
| because your business will automatically be classified | | | | federal or state statute that describes or refers to the |
| as that way. This can happen because of the entity | | | | company as a joint stock association. |
| classification rules that are set forth by the IRS. If you | | | | Many people who are forming an LLC do not wish to |
| plan on forming an entity that fits into one of the | | | | file it as a corporation because of the tax |
| guidelines set forth by the IRS than you will not have a | | | | consequences that they face. If you want to be safe, |
| choice as to how your LLC is going to be classified for | | | | you should consult with a CPA or tax attorney to get |
| federal tax purposes. | | | | some legal, certified advice before filing an entity. |
| Any limited liability company that is formed under a | | | | |