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Both S-Corp and LLC are pass-through entities; there is no difference in terms of tax treatment.
by codeismightier 10y ago
Both S-Corp and LLC are pass-through entities; there is no difference in terms of tax treatment.
- pbarnes_1 10y agoThere is a massive difference in tax treatment. No self employment tax on distributions from an S Corp.
- brianwawok 10y agoI think this thread proves if nothing else that most programmers, myself included, could very much use an accountant :) We all know stuff, but not all of it is right or complete...