🌱 Origin Series #4: The Curious Case of the LLC

What do cowboys, oil tycoons, and entrepreneurs have in common?

A little-known business structure that started in Wyoming in 1977: the LLC.

The Limited Liability Company (LLC) was born as a response to business owners wanting the flexibility of a partnership— with the liability protection of a corporation.

✅ Pass-through taxation

✅ Fewer formalities

✅ Legal shield

Since then, the LLC has exploded in popularity— especially in real estate and small business. In the U.S., it's often the default structure for first-time founders.

But here’s where it gets interesting for Canadians…

👀 Did you know that LLCs are a tax mismatch nightmare for Canadian residents?Canada doesn’t recognize them the same way the U.S. does.

This can lead to:

• Double taxation

• Mismatched reporting

• And often… a very expensive surprise

  
  

🔍 So what’s the right structure for a Canadian doing business in the U.S.?

It depends.

That’s where planning comes in—and where I come in.

Let’s find your fit, not just the trend.