Business Lawyers Blog
Entrepreneurs of all kinds face a daunting choice when trying to determine whether to establish their businesses as limited liability companies (LLCs) or S Corporations (S-corps). While an LLC will be a separate business structure, an S Corporation is actually a tax status, so forming an LLC involves filing paperwork with the state of California, while an S Corporation will involve filing paperwork with the Internal Revenue Service (IRS).
The decision between LLC and S-Corp status is not an easy one to make, so make sure you have proper legal guidance every step of the way. You will want to work with a San Jose business formation attorney at Structure Law Group, LLP.