GoFuckYourself.com - Adult Webmaster Forum - View Single Post - LLC vs. S-Corp

GFX Wiz · 07-20-2006, 02:52 PM

I have one of each.

S-Corps are typically of the sole-proprietor variety of entities and LLC's are advantageous as partnerships. And, for me, the only reason I have the LLC is because my partner is a foreigner. You can't have share holders who are not US citizens or resident aliens with an S-Corp.

Taxation wise, S-Corp is a better deal than an LLC, for me at least.

Now, go get an accountant as your circumstances are unique, no matter what you think.

07-20-2006, 02:52 PM
GFX Wiz Confirmed User Join Date: Jul 2004 Location: SW Florida Posts: 916	I have one of each. S-Corps are typically of the sole-proprietor variety of entities and LLC's are advantageous as partnerships. And, for me, the only reason I have the LLC is because my partner is a foreigner. You can't have share holders who are not US citizens or resident aliens with an S-Corp. Taxation wise, S-Corp is a better deal than an LLC, for me at least. Now, go get an accountant as your circumstances are unique, no matter what you think. __________________ ICQ: 148.167.599