really, llc is better than S-crop

來源: caliber 2009-03-06 11:34:57 [] [博客] [舊帖] [給我悄悄話] 本文已被閱讀: 次 (670 bytes)
the reason that s-corp is popular is that most accountant is more familiar with corp system, including tax and filing.

LLC is a lot more flexible than a Corp. there's almost no formality requirement. no administrative duties to have the annual meetings, etc. And it can provide just as much protection as a Corp. Being an LLC, you can also elect to be taxed as a S-corp. So tax wise, you receive the same treatment. If your business is successful, you can convert LLC into a C-Corp easily with a simple filing as well. Maybe CA has some special rules that favors S-Corp, of which I don't know. Otherwise, LLC is a better form for individuals.

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