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Updated over 8 years ago on . Most recent reply

User Stats

13
Posts
8
Votes
Alicia R.
  • Real Estate Agent
  • Boston, MA
8
Votes |
13
Posts

LLC w/S Corp or just S corp in MA (Massachusetts)?

Alicia R.
  • Real Estate Agent
  • Boston, MA
Posted

Hi all, planning on setting up an LLC but was told by a CPA in boston to do an S Corp instead because it has just about the same protections and that an LLC has a $500 annual filing fee. so each year I'd have to pay $500 just to keep up the LLC vs. aprox $109 for an S-Corp. Does anyone have any experience with this or can lend some advice/ideas? Thanks

Most Popular Reply

User Stats

47
Posts
4
Votes
Rob McCarthy
  • Boston, MA
4
Votes |
47
Posts
Rob McCarthy
  • Boston, MA
Replied

@Alicia R. The CPA is correct . The annual fees are more expensive for an LLC in Massachusetts.

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