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The choice between an LLC and an S Corp for self-employment depends on factors such as your business goals, tax implications, and risk management. An LLC offers flexibility in management and taxation, while an S Corp may provide tax advantages for paying yourself a reasonable salary and taking the rest of your earnings as distributions. Consulting with a tax advisor or legal professional can help you determine the best option for your specific situation.
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Can a LLC be a shareholder of S Corp?
Of course they can.
Can a partnership be a member in a S-Corp?
Members of a partnership. First member is sole owner llc, 2nd member is an S-Corp owned by the same person that owns the llc. Will this meet the requirements of a partnership?
What are the legal structures to form a business?
Limited Partnership, LLC, and Incorporation (S-corp; C-corp) form a business.
Who owns Green Tree Servicing LLC?
Walter Investment Management Corp
What tax form is used to file LLC federal tax return?
An LLC can elect how it will be taxed, as a Corp or Partnership...and of course the forms follow.
What is the ticker symbol for sms audio LLC?
A LLC cannot distribute any shares. The LLC would have to change its legal structure to a C or S corp. Trying looking for HNHID
Where is Fisher Capital Management Corp LLC located?
It is based in Cranbury, New Jersey.
Does an llc. corp. have to pay capital gains on the sale of real property?
Yes, of course,
What are the Three major forms of business ownership?
Sole-proprietor, C-Corp, LLC
Can a S corp be owned by a C corp or can a LLC be owned by a C corp or S corp?
Yes, yes, yes. Tax issues get fun when consolidating between entity types. The answer is too long to type. Pay a CPA.
What are the benefits of llc taxes?
Tax benefits, always a welcome subject, are similar whether you have an LLC (limited liability company) or have elected S corp treatment for your corporation.
Can a LLC invest in its parent LLC?
Yes, a LLC, that is, a LLC that is member of a LLC, could theoretically make a distribution to its parent LLC. Although, where member(s) of the LLC that is a member of the "parent" LLC are also member(s) of the parent LLC violate certain imputed fiduciary duties, the potential arises for unlawful self-dealing to occur.
