Nevertheless, LLCs may elect to generally be taxed as both an S-corp or a C-corp. An S-corp is additionally a pass-via entity, but there are actually restrictions on which LLCs can elect S-corp standing. LLCs that are taxed as C-corps are considered taxable entities in their own individual appropriate and https://collinfasld.newsbloger.com/36759913/indicators-on-best-states-for-llc-you-should-know