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Should You Form An LLC Or An S-Corp, And What’s The Difference?

Should You Form An LLC Or An S-Corp, And What’s The Difference?

POST WRITTEN BY
Gigio Ninan

What is an LLC?

An LLC is a business structure legally separating itself from its owner(s) (referred to as “members”).

What is an S-corp?

An S-corp indicates how a business is taxed — it is not a business structure, contrary to an LLC designation. A single-member LLC cannot be designated as an S-corp (more on this below).

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