Why would someone choose an S-Corp over an LLC in Ohio? What’s the difference?

Dec 13, 2008 | Small Business | 1 comment

Ok, so you are thinking of creating a business entity in Ohio and you are thinking to yourself, why in the world would anyone choose an LLC over an S Corp. Well, the short version is that generally one would not, however, there can be advantages to having an S-Corp as opposed to an LLC in certain circumstances, one such being advantages with respect to social security taxes.