Always on time, All the time

Business Formation

Schedule a call with one of our seasoned business attorneys. With over 20 years of personal and legal business expertise, our team offers you invaluable insights—for free! Typically, such advice would cost over $500+.

Start Now

LLC

Relaxed Management Structure,
Pass-Through Taxation,
Eligible For S-Election,
Can Have Unlimited Owners.

CORPORATION

Firm Management Structure,
Double Taxation,
Eligible For S-Election,
Can Be Publicly Traded.

SOLE PROPREITOR

No Management Structure,
Pass-Through Taxation,
Not Eligible For S-Election, Has No Owners.

Need Legal Advice?

It’s okay to be unsure. That’s why we offer a free consultation where you can speak with an attorney about your options. No sales pitch, just honest conversation.

Learn More About Your Startup

LLC

Limited Liability Protection
Owners Known As Members

Relaxed Management Structure Annual Compliance Requirements

Pass-Through Taxation
Requires Separate Tax Filing

Can Raise Capital From Members Can Have Unlimited Members

Corporation

Limited Liability Protection
Owners Known As Members

Firm Management Structure
Annual Compliance Requirements

Pass-Through Taxation
Requires Separate Tax Filing

Can Raise Capital From Shareholders
Can Be Publicly Traded On Stock Market

S-Election

Limited Liability Protection
Owners Known As Members

Firm Management Structure
Annual Compliance Requirements

Pass-Through Taxation
Requires Separate Tax Filing

Pass-Through Taxation Requires Separate Tax Filing

Sole Proprietor

No Limited Liability Protection

Relaxed Management Structure

Pass-Through Taxation

Can Add Partners To Form Partnership

Frequently Asked Questions

LLCs and S-Corps are both pass-through entities for taxation but their structure differs. LLCs are owned by members and managed by managers. Corps are owner by shareholders and managed by a board of directors and corporate officers. It’s also important to note that some states may not recognize S-Corps and may end up taking some taxes on the front end too.

 

The difference between a C-Corp and S-Corp is in how they are taxed. S-Corps are pass-through entities, meaning all shareholders are only paying taxed on profit received form their shares. C-Corps are double  taxed which means they pay taxes on income on the front end and then shareholders pay tax again on profits received.

C-Corps are double taxed, but LLCs and S-Corps are pass-through entities so only pay taxes once on profits received.