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Huth Thompson LLP

Posts Tagged ‘tax reduction for small business’

LLCs Electing S Corporation Status

Limited Liability Companies (LLCs) are a popular choice of business entity among small business owners. This is because a multi-member LLC combines the limited liability of a corporation with the tax flexibility of a partnership. There may be times, however, when LLC members choose to make an S Corporation election. Before that happens, it is…

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