If you are a single member LLC or a multi-member LLC, you can choose to be taxed as a corporation. You can pick a subchapter S corporation or a chapter C corporation tax structure. Yes, a single member LLC can be taxed as a corporation – either S or C. If you have your LLC tax...
A subchapter S corporation combines the advantages of a partnership and a C corporation. Indicate whether the statement is true or false. In some cases, a first-mover strategy can actually be a liability. Determine whether the following statement is...