This guide provides Delaware-specific tax information for consulting LLCs in 2026. Understanding your tax obligations is crucial for financial health and compliance. We'll cover federal and state taxes, deductions, quarterly obligations, common mistakes, and pro tips to help your consulting business thrive. Leverage Lovie's AI-powered platform to streamline your formation and ongoing compliance.
As a consulting LLC in Delaware, your tax structure depends on your election. By default, a single-member LLC is taxed as a sole proprietorship, and a multi-member LLC as a partnership. You can also elect to be taxed as an S-Corp or C-Corp. S-Corp election can potentially reduce self-employment taxes. Delaware also levies a franchise tax on LLCs, with a minimum of $300 in 2026.
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