| Hello Tax Guru,
Thank you for the advice. I recently filled out form 8832 (Entity Classification Election) to change the taxation of the LLC to mirror a C-Corp. Basically, C-Corp taxation without all the bylaws associated with a C-Corp (quarterly meeting with minutes, annual shareholders meeting etc.) does this qualify the LLC as a C-Corp for financial status and create a fundementally seperate entity from myself? Am I no longer self-employed but an officer of a C-Corp?
Thanks!
Jtrane25 |