'The aerial view can be difficult. The information is difficult to draw because there is so much information with lots of windows, park areas and buildings. 'I like London landmarks like the Houses of Parliament, St Paul's and Tower Bridge.
Step 1. File profit or loss from business on Schedule C. As a member of an LLC, you must report business income on Schedule C to Form 1040. This form contains lines that help you calculate your profit or loss and deduct appropriate expenses.
In a limited liability company, owners can report company profits and losses on their personal tax returns, and are not liable for their businessâ debts. However, owners cannot split the LLCâs income to lower their tax liabilities.