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Updated almost 11 years ago on . Most recent reply

User Stats

152
Posts
54
Votes
Patrick Jacques
  • Orlando, FL
54
Votes |
152
Posts

Setting up an LLC and S-Corp

Patrick Jacques
  • Orlando, FL
Posted

I heard at a seminar, that setting up both an LLC and S-Corp is a good strategy for moving profits from your business to any personal IRA's or other accounts. I havent seen this idea anywhere else though. Is it a good idea? Is it legal? Is it unnecessary?

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