Being taxed as a C corp means you’re subject to double taxation. That said, this option can still save certain LLC owners money by qualifying them for a wide range of tax deductions. For example, insurance premiums can be written off as a tax deduction when filing as a C corp. ...
3Source: ISS Market Intelligence 529 College Savings Fee Analysis Q3 2024. Bright Start Direct-Sold College Savings Program average annual asset-based fees are 0.24% for all portfolios compared to 0.51% for all 529 plans.↩ 4Based on statistics provided as of 6/30/2024.↩ ...