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re: Business structure: LLC or S-corp?
Posted on 7/19/14 at 2:31 am to Saint5446
Posted on 7/19/14 at 2:31 am to Saint5446
I will not pretend to know what is best for you, but I have been recently looking into filing as an S-Corp. I currently have an LLC and have been told I can file as an S-Corp. The main reason for that is the SE Tax. As an S-Corp you can pay yourself a "reasonable salary" and just pay the SE Tax on that portion. The rest you take as dividends.
Again, not a tax adviser or really sure if this is even what I will do, but I'm just starting to look into it.
Again, not a tax adviser or really sure if this is even what I will do, but I'm just starting to look into it.
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