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Pros and Cons of the Popular Business Entities: Sole Proprietorship, LLC, S Corp and C Corp

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Should I Form A Corporation Or An LLC? What's The Point? by Bill Ferguson

April 14, 2021

If the legal protection of the two types of these business entities is almost the same, which is better, corporation or LLC? Most of the time, the simple answer is this – an LLC is better. It’s simpler to form and it allows for the most favorable tax elections.

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