USA Difference between electing S-Corp as an LLC vs C-Corp?

A

Adam Wascholl

Joined
Jul 6, 2016
Messages
10
Reaction score
0
Country
United States
From what I understand, both an LLC and a C-Corp can elect to be taxed as an S-Corp. What are the pros and cons of registering as one or the other before making the election?
 
You must log in or register to reply here.

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

Is there a difference of meaning between Overheads vs Allocated Overheads on an income statement? 0
USA What are the differences between Dividends (by nature an Asset account) and Revenue (By nature a Liability account) 3
UK Accountancy submission dates and differences between jurisdictions 7
Italy What is the difference between non-cash working capital and cash working capital(if exists)? 3
Canada Difference Between "Stated" and Market" Interest Rate 5
Germany Difference between proceeds from disposal & sum of sales prices 0
Germany Difference between proceeds from disposal and sum of sales prices 7
Difference between management & managerial accounting 0

Members online

No members online now.
Total: 110 (members: 0, guests: 110)

Forum statistics

Threads
11,629
Messages
27,577
Members
21,385
Latest member
faisal

Latest Threads

Top