Quote Originally Posted by HDNitehawk View Post

[/I]So you can see there is no tax benefit to a LLC as far as the IRS is concerned.
Not necessarily true. An individual/sole proprietorship cannot file taxes as a corporation. Depending on your business, there might be significant advantages to being taxed like a corporation (dividend distributions, depreciation, etc.). If you want that tax treatment, there are only two ways: incorporate or create an LLC and elect to be taxed as a corporation.