Group Discussions

Any thoughts on S Corp's vs. LLC's?

  • I am an independent consultant and am thinking about incorporating. Any thoughts on S-Corp's vs. LLC's?
    Flag as inappropriate Posted by dancer on 21st June 2007
  • Hmm. I'm not familiar with either really, but, less with S-corps. I've heard quite a few peers and... landlords, talk about LLC's being their best way.

    Good luck.
    Flag as inappropriate Posted by MistressOfTheDorkness on 21st June 2007
  • I have an LLC. Corps are usually more for if you are planning to have employees that you put on a payroll. If it's just you, LLC is the way to go! It's a sole proprietership, and very uncomplicated at tax time.
    Flag as inappropriate Posted by Jen Creer on 14th August 2007

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