Operating an event planning LLC in California requires a solid understanding of federal and state tax obligations. This guide provides event planners with key information for navigating the 2026 tax landscape. Leverage Lovie's AI-powered platform to automate compliance and focus on creating memorable events.
As an event planning LLC in California, your tax structure depends on your elections. By default, a single-member LLC is treated as a disregarded entity, with profits and losses reported on your personal income tax return (Form 1040). Multi-member LLCs are taxed as partnerships, filing Form 1065 and issuing Schedule K-1s to members. Alternatively, you can elect to be taxed as an S-Corp or C-Corp, each with its own tax implications. California also levies an $800 annual franchise tax on LLCs.
Start your formation with Lovie — $20/month, everything included.