Subchapter S Corporation. Choice of Business Entity; Formation of a LLC, Corporation, S Corporation and General Partnership
IRSTax Compromise Levy Audits
Ronald J. Cappuccio, J.D., LL.M.(Tax) Counsellor at Law
1800 Chapel Avenue West
Suite 128
Cherry Hill, New Jersey 08002 USA
(856) 665-2121
Fax (856) 665-9005
E-mail: Ron@TaxEsq.com
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Low/Moderate Income Entity

QUESTION:
Will the owner of the business earn less that the maximum social security cap?

corporationNo, the business should earn more than the maximum social security cap.

llcYes, the owner should net less than the social security cap.

HELP --click here for an explanation of business entity taxation

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