Business Formation
LLC vs. S-Corp: Which Is Right for Your Small Business?
The TRIG Team · · 6 min read
[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.
