IRonMaN
Level 15
07-03-2022
12:07 PM
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I'm curious why you would tell a client something like that when you can't answer that question.
For the record, if you are starting from scratch, there is no difference for tax purposes between a corp that elected to be an S corp or an LLC that elected to be an S corp. However, there could be a lot of complications going from a regular C corp to an LLC.
Slava Ukraini!