Thanks, Evan.
Sorry, I was confused earlier.
So in my case, for a small family based LLC with only one active manager, LLC without S corp election should be our best bet, right?
Thank you so much for your advises!
Thanks, Evan.
Sorry, I was confused earlier.
So in my case, for a small family based LLC with only one active manager, LLC without S corp election should be our best bet, right?
Thank you so much for your advises!
It may be, or maybe not. It depends on what your current tax situation looks like. There is no one-fits-all solution for entities and taxation.
Small Business CPA
"A tax loophole is something that benefits the other guy. If it benefits you, it's tax reform."
Yeah, understand. Thanks a lot, Evan.
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