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A comment on Form a California LLC in 10 minutes for $70. Parent comment

Re:Form a California LLC in 10 minutes for $70 by zrail on Tuesday April 10, 2018 @06:15PM (#16806042)
Sure can. An LLC can elect to be treated as a C corporation for tax purposes with a very simple IRS form.
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Re:Form a California LLC in 10 minutes for $70 by JumpCrisscross on Tuesday April 10, 2018 @06:18PM (#16806068)
> An LLC can elect to be treated as a C corporation for tax purposes

Still an LLC. We’re talking about entity formation and comparing jurisdictions; being legally precise becomes important in this context.

Disclaimer: I am not a lawyer. This is not legal advice.

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Re:Form a California LLC in 10 minutes for $70 by gamblor956 on Tuesday April 10, 2018 @06:52PM (#16806358)
Still an LLC. We’re talking about entity formation and comparing jurisdictions; being legally precise becomes important in this context.

Right. It's still an LLC, for specific state legal purposes. And it's generally a C-corporation for tax purposes, federal and international law.

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Re:Form a California LLC in 10 minutes for $70 by JumpCrisscross on Tuesday April 10, 2018 @07:04PM (#16806436)
> it's generally a C-corporation for tax purposes, federal and international law

A single-member LLC electing to be taxed as a corporation will still be sued as an LLC (i.e. it can be pierced more like an LLC and less like a corporation), dissolved and maintained as an LLC and enter into contracts, open bank and brokerage accounts as an LLC, and have the same difficulties raising outside capital as an LLC.

Disclaimer: I am not a lawyer. This is not legal advice.

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