Tagged Questions

1
vote
4answers
148 views

C-Corp vs LLC. How much more complex?

I am starting a technology business with my 50% partner. We are trying to decide between an LLC and a C-Corp. (We are in Michigan) In our case an S-Corp probably won't work too well. I've read a ...
1
vote
1answer
108 views

Reasons not to start as an S corporation for a small professional services firm

My understanding is that an S corporation is the easiest for a new firm, and can always be changed to a C corporation later. What are the reasons not to do it this way? The firm under consideration ...
2
votes
4answers
101 views

Pitfalls of using an online service to form an S-Corp

My company (or soon to be) is looking at becoming an S-Corp. Right now most of our funds are tied up in the company and we can't really afford to hire an attorney to do the work for us. Can we get by ...