https://ttlc.intuit.com/community/taxes/discussion/llc-versus-corporation/01/3109372#M1138527 <P>I hear that filing for a Corporation (General Stock) is better in the long run versus LLC, as you can pay yourself a salary to help offset the tax liability. Also, if planning to have employees, is this the best way to go?</P><P>&nbsp;</P><P>&nbsp;</P> Tue, 24 Feb 2026 08:05:15 GMT Marsa Mc 2026-02-24T08:05:15Z https://ttlc.intuit.com/community/taxes/discussion/llc-versus-corporation/01/3109372#M1138527 <P>I hear that filing for a Corporation (General Stock) is better in the long run versus LLC, as you can pay yourself a salary to help offset the tax liability. Also, if planning to have employees, is this the best way to go?</P><P>&nbsp;</P><P>&nbsp;</P> Tue, 24 Feb 2026 08:05:15 GMT https://ttlc.intuit.com/community/taxes/discussion/llc-versus-corporation/01/3109372#M1138527 Marsa Mc 2026-02-24T08:05:15Z https://ttlc.intuit.com/community/taxes/discussion/re-llc-versus-corporation/01/3109383#M1139058 <P>You are asking a very broad-based question which also raises state income tax and liability issues.</P> <P>&nbsp;</P> <P>Further, it makes a great deal of difference as to whether the LLC is a single-member or multi-member LLC and, further still, whether the corporation would be a C corporation or an S corporation.</P> <P>&nbsp;</P> <P>You really do need to consult with a local tax professional and legal counsel for this matter.</P> Wed, 15 Nov 2023 01:17:47 GMT https://ttlc.intuit.com/community/taxes/discussion/re-llc-versus-corporation/01/3109383#M1139058 Anonymous_ 2023-11-15T01:17:47Z