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LLC - Quickly becoming the most popular way to start a small business, LLCs offer the same personal liability protection aspol a corporation, but with great tax and management flexibility.
C Corporations - Offer personal liability protection, tax savings, and increased opportunities for raising capital. Corporations are also required to perform certain formalities such as holding annual meetings and keeping detailed corporate records (minutes).
S Corporation - Providing many of the same benefits of a traditional C Corporation, an S Corporation provides both personal liability protection with the added flexibility of pass through taxation, avoiding double taxation of a traditional C Corporation.
Sole Proprietorship - Although the simplest form of business, sole proprietorships are not considered a separate legal entity and do not offer owners limited liability protection. If you intend to do business under a name other than a legal name, you will need to file a DBA.
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