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Nicole who is a one-member LLC. It says she has the option to be treated for tax purposes as a C corporation and also make
Nicole who is a one-member LLC. It says she has the option to be treated for tax purposes as a C corporation and also make the election to become an S corporation.I understand there might a tax benefit or disadvantage by electing to be treated as a C corp but why would a one-member LLC want to be treated as a S corp when they are both pass-throw entities and would have the same tax effect?
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