Should I Elect to Have My LLC Taxed as a Corporation?


So you've chosen your business entity: Limited Liability Company. Now do you know what form of taxation is best? Did you even know you have a choice to make about how your LLC is treated by the IRS? How do you decide? Partnership, C Corp, S Corp, Disregarded Entity... do you know what these mean? Can you change your mind if circumstances warrant a change? How will the different choices affect your company's tax picture and your personal tax picture? If you decide to make a change, how is that accomplished?

These are the questions FitlowLaw can help you navigate.

For more information, this article gives you some general guidelines. If you want to discuss your options, contact Vicky at vicky@fitlowlaw.com

#Partnership #Corporation #SoleProprietorship #LimitedLiabilityCompany #SmallBusiness #Taxation #DisregardedEntity

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