Why choose an S-Corp over a standard LLC?
A regular LLC is simple to operate — but here’s the catch:➡️ The entire profit is usually subject to Self-Employment (SE) tax. 💼 S-Corporation Highlights ✅ Reduces SE tax burden✅ Files Form 2553 to elect pass-through treatment✅ Avoids double taxation (no corporate-level tax) ⚖️ The Key Difference Salary (W-2): “Reasonable compensation” paid to the owner…
