S Corporation Election & Your LLC
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March 15th is the deadline for many LLCs to make the S corporation election. (more…)
The Missouri series LLC law was enacted in 2013. This structure provides tremendous flexibility and significant asset protection at a fraction of the cost of traditional asset protection strategies. (more…)
The main reason business owners elect to have their LLC taxed as an S corporation is to avoid the self-employment tax, also known as the FICA tax. However, the S corporation election comes with potentially nasty downsides.