S Corp and LLC Differences, Advantages, and Disadvantages
https://www.uschamber.com/co/start/strategy/differences-between-s-corp-and-llc
WebApr 2, 2022 · Pass-through taxation for owners. The federal government taxes businesses differently, depending on the type of LLC (a single-member LLC, or SMLLC, versus an LLC between two or more individuals) they are registered as. In general, SMLLCs are taxed as a sole proprietorship and LLCs with two or more leaders are taxed as a partnership.
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