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  Advantages of an LLC over a S Corporation

           

 

 

LLC Advantages over a S Corp

LLC Advantages over S Corporation

S corporations operate under many restrictions that are not applicable to Limited Liability companies:

 

  • Limited number of shareholders.
  • Limited to a single class of stock.
  • Limited in who can become a shareholder.
  • Shareholders cannot be nonresident aliens.
  • 754 election is unavailable.
  • Status is not recognized in some states

 

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LLC Advantages over a S Corp

There are numerous advantages of forming an LLC versus an S Corporation. Ask a Tax Expert if this is the right decision for your business.

 
 

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