Sergio L. asked

💰  Tax

Why are S Corporations better than LLCs, and can an LLC elect to be taxed as an S Corporation when filing taxes? Isn't it significantly cheaper to just elect an LLC as an S Corporation?

October 23rd, 2024

Brian D. answered

S Corporations offer tax advantages as they are not subject to federal income tax at the corporate l...

October 23rd, 2024

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