Question: Hey guys, Our book talks some about the difference between an LLC , S Corp and C Corp. However, here is a great explanation of
Hey guys, Our book talks some about the difference between an LLC S Corp and C Corp. However, here is a great explanation of additional considerations to consider when trying to form a LLC an S Corp, or a C Corporation. Note that Ms Potts Weinstein brings up the fact that there are tax considerations and legal considerations and then there are practical considerations in maintaining the entity, etc. ie other limiting factors that our book really doesn't discuss. Can anyone tell me any of the things discussed as practical considerations?Do you consider any of these practical considerations more important than other practical considerations? Which ones?If you were to start a business, knowing about these additional considerations, does it change your mind?
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