How Many of You Have an LLC or an S Corp?  Taxes are probably one of the least exciting parts of being self-employed, but understanding the basics can save you money, keep you organized, and keep you out of trouble. Read this Barber's Tax Guide to help!  First, it helps to understand that an LLC and an S corp are not exactly the same type of thing. An LLC is a legal business structure created through your state. An S corp is primarily a federal tax election that certain corpo