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Updated over 8 years ago,
LLC w/S Corp or just S corp in MA (Massachusetts)?
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