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What is more common for new legal entities: LLC or S Corporation?
Working with a new startup management team. We are wondering what is the most common structure for a new entity.
Answers
S Corporation is really a tax election that can be made for incorporated entities of various types (including LLCs). Both LLC and S Corporation are very popular choices for business owners seeking pass-through taxation.
https://www.investopedia.com/articles/personal-finance/011216/s-corp-vs-llc-which-should-i-choose.asp
https://www.investopedia.com/articles/personal-finance/011216/s-corp-vs-llc-which-should-i-choose.asp