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s-corp vs.LLC vs. inc

Discussion in 'Business Fundamentals' started by cecilmac, Oct 15, 2009.

  1. cecilmac

    cecilmac Member
    from nj
    Messages: 33

    What do most of you guys have what is better and why? Thanks
     
  2. swtiih

    swtiih PlowSite.com Addict
    Messages: 1,179

    I suggest you talk with an accountant and lawyer
     
  3. BDEMOTT

    BDEMOTT Senior Member
    Messages: 117

     
  4. terrapro

    terrapro PlowSite Veteran
    from MI
    Messages: 3,874

    Currently I am an LLC and treating it as a pass through entity. I have had a DBA and have in the past started and ran a C-corp with a partner.

    If you do not know anything about the different entities, the positives, negatives, and reasons for you should consult a lawyer, CPA, and tax professional. Pick up a few business books from the library and learn alittle something about structuring a business before you take the plunge because many do not and end up getting burned.