The Internal Revenue Service's "Check the Box" regulations make it possible for

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The "Check the Box" regulations allow limited liability companies (LLCs) to choose how they are taxed. By default, LLCs are taxed as partnerships, but members can "check the box" on IRS Form 8832 to elect corporate taxation instead. This flexibility is a key feature of LLCs but does not apply to choosing state tax laws or allowing corporations to elect partnership taxation.

The Internal Revenue Service's "Check the Box" Regulations Make It