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!

Legal is hard. Let’s tackle it together.

Speak to one of our Legal Pros and discover how we can help.

Let's Talk


There is no comment on this post. Be the first one.

Leave a comment