What are the tax differences I should expect between my LLC and an S-corp?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

The tax differences between an LLC and an S-corp often depend on how the business is taxed, how much profit it generates, and whether the owner takes money as wages, distributions, or both. An LLC is commonly taxed in a more flexible way, while an S-corp usually adds payroll and compensation conside For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.