It’s simpler and easier to form an LLC than an S Corporation. Asking the IRS to consider your LLC as an S Corp for tax purposes is very simple. Incfile will take care of filling in the paperwork (form 2553) and file it with the IRS on your behalf.

Instead, the S Corporation receives different treatment for tax purposes that is generally more favorable to the business owner. The S Corp is a pass-through entity for tax purposes, similar to the LLC. This means that the income generated by an S Corpora

Tax Savings Calculator Page Forming an S-Corporation instead of a Sole Proprietorship. You may be able to reduce self-employment/payroll taxes by being taxed as an S-Corporation.