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TRIG Bookkeeping& Tax Services, Inc.

Business Formation

LLC vs. S-Corp: Which Is Right for Your Small Business?

The TRIG Team · · 6 min read

LLC vs. S-Corp: Which Is Right for Your Small Business?

[Placeholder article text.] An LLC is a legal structure. An S-corp is a tax election. You can be both.

By default, a single-owner LLC is taxed like a sole proprietorship.

Electing S-corp status can reduce self-employment tax once profits are steady, but it adds extra filings and paperwork.

The right answer depends on your numbers. That's what a consultation is for.

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