Borgida CPAs

    Manchester, CT 860.646.2465 • Office Hours Monday–Friday: 8:30am–5:00pm

    Niantic, CT 860.739.5459 • Storrs, CT 860.429.7885 • Hours vary. Please call


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    The Difference Between an LLC and a Subchapter S Corporation

    Posted in Tax News on November 17, 2011

    Startup businesses are often considering either a Limited Liability Company (“LLC”) or a Subchapter S Corporation.  Here are the differences:


    Tagged with: Connecticut, CT, Department of Labor, Department of Revenue Services, Elect Sub S, Employees, Estimated Taxes, Form 1065, Form 1120S, Form 2553, Form W-2, Income Tax, Limited Liability Company, LLC, Losses, Members, Partners, Partnership, Profit, Schedule K-1, Secretary of State, Shareholders, Single Member LLC, Startup, Startup Business, Stockholder, Stockholders, Sub S Election, Subchapter S, Subchapter S Corporation, Subchapter S Election, Tax Withholding
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    Borgida & Company, P.C. | Manchester, CT 860.646.2465 • Niantic, CT 860.739.5459 • Storrs, CT 860.429.7885

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