What should I look at to decide if my LLC should be an S-corp?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

Whether an LLC is a good fit for S-corp treatment often depends on a few practical factors, including how much net income the business usually generates, whether the owner takes a meaningful amount of active compensation, and how much payroll and compliance work the business can support. It also hel 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.