Even so, LLCs might also elect to become taxed as either an S-corp or possibly a C-corp. An S-corp can be a move-by entity, but you can find constraints on which LLCs can elect S-corp position. LLCs which might be taxed as C-corps are considered taxable entities in their very https://business-entity-formation88865.goabroadblog.com/35091616/5-simple-statements-about-best-states-for-llc-explained