Both S & LLC? Last week, Sharon, from OK asked about using both an S-Corp and an LLC. (See AskTaxMama, Issue #188) A Tax Pro brought up some good points that might interest you. <Tax Pro Responds> From: Virginia Moryadas Dear Tax Mama. Sharon might want to look at her state's LLC requirements and see if it is to her advantage to become an LLC. Then she needs to review the S corp requirements for Federal filing. In some states, there are financial advantages to being a LLC and filing a Fed form 1120S. Virginia