What kind of business should you form? An LLC, C-Corp, or S-Corp? Unfortunately, the answer is always the same: It all depends. But the following factors may help clarify the decision for you. Given that an LLC, C-Corp, and S-Corp all offer the same level of liability protection, here are five key factors to consider when deciding which business entity to form:
Consider a C-Corp if you:
1) plan to attract venture capitalists or other larger investors who want to avoid pass-through tax entities;
2) expect that the tax rate from a marginally profitable C-Corp will be lower than your tax rate for other ordinary income, and you do not intend to distribute the profits from the C-Corp.
To read the full, original article click on this link: How Should You Incorporate? 5 Factors to Consider | BNET
Author:Jessica Holcombe