8832: LLC as Scorp or as Disregarded entity

[Guest guest]

Hi all,

With the current talk about hiring, I have some business starting questions.

Please dig in your memory if it has been a few years since you have set up...

Are you guys, who are LLCs, doing taxes as a disregarded entity (single person

LLC), or as a S Corp.... and why? I opened recently and am a LLC as a

disregarded entity, but am wondering if I can save some tax burden by doing that

form 8832 (within a year allowed) and electing to change to be considered a S

Corp.

Thanks for your thoughts!

P.J.