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Old 02-02-2012, 06:25 AM
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cutman2000 cutman2000 is offline
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Join Date: Jun 2011
Posts: 190
From LLC to INC

What are the advantages and disadvantages when going to INC(S-Corp) from LLC? I am sole prop. I'm mainly concerned about filing, getting more(income tax) back if possible. I am also aware of the ability to offer shares to non members if I'm INC. I have been filing(standard joint) with my wife as a sole proprietor and we have been getting earned income, but wondered if going INC would hurt us or help us.

I know this is a question for a CPA, but was just wondering if anyone had any similar experiences that could help me out a little with some insight.

Thanks!
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