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You can be an LLC that is taxed as an S-corp as well, but only make sense if you have significant profits which you wish to reduce your liability by paying divi
by nodesocket 8y ago
You can be an LLC that is taxed as an S-corp as well, but only make sense if you have significant profits which you wish to reduce your liability by paying dividends instead of payroll taxes. -- I am not an accountant or lawyer --