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WebApr 11, 2024 · Once you have filed your LLC, from then on you will have to file an annual report, which can cost further filing fees. In some cases, this is a few $100 every year. What is an S-Corp? S Corp stands for S … WebDec 6, 2024 · An S corporation is not a business entity but a tax classification. Both LLCs and corporations can be taxed as an S-corp. An S-corp doesn’t pay corporate income tax such as a traditional C-corp ... WebThe S corporation files a copy of this schedule with the IRS to report your share of the corporation's income, deductions, credits, etc that with international tax relevance from … redoxreaktion youtube