This is a great question that some people come to ask after their business is established. It has to do with operating your business as a sole proprietor more than being an LLC. An LLC can elect to be taxed as a sole proprietor, partnership (more than one member), a sub chapter S Corporation or a Corporation. Your question seems to deal more with benefits and are you getting the maximum benefits for your LLC's tax structure. Each tax structure is able to purchase certain benefits on a pre-tax basis. In other words, I am sure ou could find a financial planner who can show you how to sock away more money for retirement but if you are paying too much for healthcare including long term care on an after tax basis you are not doing so well. For more info about tax planning visit 1040wealthdesigns.com/Small_Business.php ---This post was edited to remove a commercial link. Read our discussion policies for more Community best practices.

LLCs can choose to file taxes using a Schedule C, which you have been doing, or file in the same manner as an S-corp. According to the IRS web site, 'a single member LLC can choose to be classified as either an association taxable as a corporation or disregarded as an entity separate from its owner. Form 8832 is filed to change the LLC's classification.' If you change the manner in which you report your taxes, you should be able to remain an LLC.