LEGAL GUIDE
Written by attorney Romy B Jurado | Mar 29, 2019

C Corporations Or S Corporations?

Entity selection is a very important matter that requires a careful analysis of relevant facts and circumstances. The best entity must be chosen to avoid negative financial consequences from occurring.

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The term “corporation” is typically defined to include any type of business entity containing multiple members. For example, partnership, limited liability company, or other small business entity are deemed as corporations by many laypeople, yet, none of these entities would be referred to as a corporation by a legal practitioner. In fact, the term corporation is seldom used by itself without further clarification among tax attorneys, CPAs and other specialists. Specialist have come to define “corporation” to one of two business entities. These two entities, though similar in some ways, have several significant differences that impact their desirability. What exactly makes each of these entities unique? What are some tips for making the proper selection? At Jurado & Farshchian, P.L., we will be pleased to meet with you, review your business goals, and help you decide if a Florida LLC is right for you. We will remain by your side in every step of the way towards establishing and running a successful business. To schedule an initial consultation with our Business Experts, you may call us at (305) 921-0440 or send us an email to [email protected] or visit at www.JFLawFirm.com

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