Nevertheless, LLCs may elect to be taxed as possibly an S-corp or a C-corp. An S-corp is likewise a move-through entity, but you can find limitations on which LLCs can elect S-corp standing. LLCs which have been taxed as C-corps are regarded taxable entities in their own individual correct and https://businessprocreativehowtof25713.slypage.com/36691213/detailed-notes-on-best-states-for-llc