IRonMaN
Level 15
02-19-2021
11:30 AM
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No. If someone is making an election for them, that person should make sure that the client knows what the requirements are. As I mentioned before, too many folks elect to be treated as a corporation when they really should stick with being a schedule C. Go the LLC route if they want some legal protection, but stay away from Sub S treatment.
Slava Ukraini!