TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


LLC as S Corp

November 13, 2012

Today TaxMama® hears from Matt in the TaxQuips Forum, who asks a common type of question. “I would like to know if an LLC can also be an S Corporation and what the tax advantages would be?â€



Hi Matt,

Yes, an LLC can elect to file as an S Corp.