Single-Member LLC Taxed as an S-Corp: 2026 US Guide
📋 Key Takeaways: Single-Member LLC Taxed as an S-Corp Legal Protection: A single-member LLC can be taxed as an S-Corp by filing IRS Form 2553, allowing you to keep LLC legal protection while gaining corporate tax benefits. Tax Savings: The main advantage is reducing the 15.3% self-employment tax by splitting your income into a W-2 … Read more