B bonds Oct 25, 2006 #1 If I was to set myself up as a corporation in order to pay less taxes, can someone explain the advantages of LLC over a regular corporation? I dont quite understand what the limited liability part covers.
If I was to set myself up as a corporation in order to pay less taxes, can someone explain the advantages of LLC over a regular corporation? I dont quite understand what the limited liability part covers.
T trader42 Jan 3, 2007 #2 An Internet search would answer this question: http://www.google.com/search?q=LLC+s+corp http://www.powerhomebiz.com/vol136/structure.htm
An Internet search would answer this question: http://www.google.com/search?q=LLC+s+corp http://www.powerhomebiz.com/vol136/structure.htm