This report will provide you details about the benefits of electing for your business (LLC or C-Corp) to be taxed as a "Sub Chapter-S Corporation" (S-Corp).
For a qualifying small business owner(s), electing taxation as an S-Corp allows for preferential tax treatment not afforded to a regular single member LLC's, multi-member LLC's, or C-Corps. The S-Corp election allows a business owner(s) to avoid the Self-Employment Tax imposed on profit distributions to regular LLC and C-Corp shareholders.
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