r*******g 发帖数: 108 | 1 Hi, guys, i saw these heated discussion on H-1B opening a single member
LLC.
if there is only one owner of the startup, and the owner is on H-1B as
a resident alien, is not s-corp better on tax stuff and safer on
immigration status? | r*******g 发帖数: 108 | 2 check it out here
http://www.limitedliabilitycompanycenter.com/llc_vs_s_corp.html
Employment Tax: Savings vs. Paperwork
A major factor that differentiates an S corporation from an LLC is the
employment tax that is paid on earnings. The owner of an LLC is
considered to be self-employed and, as such, must pay a “self-
employment tax” of 15.3% which goes toward social security and
Medicare. The entire net income of the business is subject to self-
employment tax.*
In an S corporation, only the sala | s***e 发帖数: 1143 | 3 LLC 可以elect C. Corp as tax method.
【在 r*******g 的大作中提到】 : check it out here : http://www.limitedliabilitycompanycenter.com/llc_vs_s_corp.html : Employment Tax: Savings vs. Paperwork : A major factor that differentiates an S corporation from an LLC is the : employment tax that is paid on earnings. The owner of an LLC is : considered to be self-employed and, as such, must pay a “self- : employment tax” of 15.3% which goes toward social security and : Medicare. The entire net income of the business is subject to self- : employment tax.* : In an S corporation, only the sala
| r*******g 发帖数: 108 | 4 then why dont one elect S.Corp to avoid the double tax?
【在 s***e 的大作中提到】 : LLC 可以elect C. Corp as tax method.
| r*******g 发帖数: 108 | 5 according to this conversation with IRS (at the bottom of the page), H-1B (
resident alien, but not green card) is eligible for s corp?
http://answers.google.com/answers/threadview/id/194086.html
Last Night i emailed IRS with the S corporation question and i got the
same answer today
Here is the extract from my mail . I am posting it to help people
researching this subject in future ....
Your Question Was:
Hello Sir Madam, My Question is whether a H1B Non-Immigrant Visa
Holder who is a Residen
【在 r*******g 的大作中提到】 : then why dont one elect S.Corp to avoid the double tax?
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