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Just to note: LLCs are treated as partnerships by default for tax purposes, which is what complicates equity compensation for LLCs. S-Corps are mostly treated like partnerships for tax purposes.

You can alternatively choose to have an LLC which is taxed as a corporation by making a "check-the-box" election. After the election, the LLC is an LLC for all purposes except tax purposes, and is treated as a corporation for tax purposes.



Hey, thanks for chiming in with this. Since you're an expert (or at least way more than I am): did I say anything batshit here?




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