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Updated almost 9 years ago, 12/16/2015
S-corp vs LLC in Illinois
From a tax perspective, after consulting a CPA friend, these are pretty much the same. At this point I want to start up and incorporate but am unsure the legal differences.
I am forming a partnership (two people me and another)
Instead of taking two trips to the lawyers office, one to ask btwn Scorp and LLC and the next to get our paperwork drawn up for the actual partnership after incorporating, can anyone offer advice as to which is better to get started and get the company created?
- Paul Cijunelis