lukefrye
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Everything posted by lukefrye
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If you want something more formal, I've heard good things about Golden Gate University online!
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Two member LLC to be taxed as S Corp
lukefrye replied to Naveen Mohan from New York's topic in General Chat
To be taxed as an S-corp, you must be an "eligible entity". That is generally either an LLC or Corporation. Think of the top info part of the 1120S. There's the S-election valid date and the incorporation date. Incorporation date would come from the Secretary of State articles of incorporation or LLC formation doc.