CALL MONDAY - SUNDAY, 9AM TO 7PM: 878.444.0422
Have questions? Message with Lauren on Facebook
Quickly becoming the most popular way to start a small business, LLCs offer the same personal liability protection as a corporation, but with great tax and management flexibility.
Corporations offer personal liability protection, tax savings, and increased opportunities for raising capital. Corporations are also required to perform certain formalities:holding annual meetings and keeping detailed records (minutes)
Providing many of the same benefits of a traditional C Corporation, an S Corporation provides both personal liability protection with the added flexibility of pass through taxation, avoiding double taxation of a traditional C Corporation.
Although the simplest form of business, sole proprietorships are not considered a separate legal entity and do not offer owners limited liability protection. If you intend to do business under a name other than a legal name, you will need to file a DBA.