Small Business Tax Selection

Sole Proprietorship


S Corporation

C Corporation

Limited Liability Company

In considering tax selection for a limited liability note that an LLC may be taxed as a: sole proprietorship (Single-Member LLC), Partnership, S Corporation, or C Corporation.

Illinois business tax selection options include: Sole Proprietorship Tax Election; Partnership Tax Election; S-Corp Tax Election; C-Corp Tax Election

CIRCULAR 230 NOTICE:  Pursuant to federal tax regulations imposed on practitioners who render tax advice (“Circular 230”), we are required to advise the reader that any advice contained in this webpage(s), including any attachments or links to other webpages within this site, or the presentation to which it relates regarding federal taxes, is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein.