Business owners shoulder the burdens of costs and taxes. The U.S. tax code is millions of words long. Figuring out which parts of the code apply or do not apply is a herculean task. Small businesses are faced with making enough profit to pay the taxes they need to be able to stay in business. A particularly egregious example is taxing business owners twice. The profit from the business is taxed, and the income they make from their business is also taxed. Fortunately, there is a way for businesses to avoid double taxation and other inconvenient consequences. Business owners are personally liable for the debts of their business if it fails. They can solve both of these problems by forming a limited liability company or LLC. Under the protection of an LLC, business owners are not personally l