Free Consultation|USA Only +1 (866)754 4460|Outside USA +1 (516)822 3100 or +1 (631) 623 5100 - Website Logo
  You are here : Home  >   Services  >   Comments  
TESTIMONIALS - Testimonials  

Choosing Business Entity

To make a business successful from the beginning, it is very important to choose to the right structure for the business. One may choose from the different choices available like Sole Proprietorship, C Corporation, S Corporation and Limited Liability Company.
Existing customers please login to check the status of your order at Infotax Square
Renee   wrote on : Wed Feb 03rd,2010   Back to Article

I am a chiropractor, been in practice for 10 years as a sole proprietor, have been told i should incorporate. Which one is best for me LLC or S corp, and what are the differences tax wise. Thank you

Reply :
Dear Renee:

Thanks for choosing for your business needs. If you form an LLC you can not avoid paying self-emploment taxes on your entire income. While you form an s-corporation you just have to  pull out reasonable salary and on rest of the income you will pay just federal, state and local taxes. If you want to read more in detail please read the following link.

Comparison Link:
Link to apply for an S-corporation:

Link to apply for an LLC:
Documents Filing

Load More

Copyright © 2010, Infotax Square All Rights Reserved. - Allows Payment Processing With Visa, MasterCard, American Express and Discover
Terms and conditions, features, support, pricing and service options subject to change without notice.