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S-Corp vs. LLC

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R

robinsoncr

Guest
I am starting up a cabinet company, producing and installing commercial/residential cabinetry in Virginia.

For a small company with 2 partners, which would benefit us most, LLC or S-Corp? We expect less than $150k gross sales the first year and project about $250k later.

Our biggest concern is personal liability protection, simplified paperwork and annual fees.

Thanks,

chris
 



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