However, LLCs also can elect to become taxed as possibly an S-corp or perhaps a C-corp. An S-corp is also a pass-by way of entity, but there are actually constraints on which LLCs can elect S-corp standing. LLCs which are taxed as C-corps are regarded as taxable entities in their https://business-registration-for83581.tribunablog.com/the-smart-trick-of-best-states-for-llc-that-no-one-is-discussing-50435359