Category Archives: Corporate Minutes

LLC Option Myths

Let’s just clear up some myths about LLCs and the rush to make entity changes. Here are the high points:

LLC as C Corp

Today TaxMama® hears from Shar in the TaxQuips Forum, with this observation.  “If you start an LLC and elect to have it be taxed as a C-Corp, does this election require you to follow all the ongoing requirements of your state for maintaining a C-Corp (corporate minutes, complete set of books, etc.)? Or can you […]