• October 2018
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What entity is better for consulting purposes, Llc or S-Corp?

Based on the few facts provided I think a limited liability company (LLC) would suit you well. It’s perfect for a small business owner who is looking to protect him/herself from personal liability. It’s relatively easy and quick to set up an LLC, and you don’t have to deal with the corporate formalities that accompany a S-corp. LLCs are easy to deal with when tax season comes around as well, as you’ll account for the profits/losses on your personal income taxes.

Feel free to stop by LawTrades for assistance forming your company. Our startup attorneys offer competitively priced formation packages, which includes a one-on-one consultation. Good luck with your company!

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