Our accountants typically recommend forming an LLC, or limited liability company, due to its numerous advantages to small business entrepreneurs.
LLC owners enjoy simplicity and flexibility in how they are taxed along with the protection of their personal assets, shielding them from business liabilities.tooltip icon
Once you’ve formed an LLC, you have 75 days to select a different business structure for your new company, such as an S corporation. If you have questions, please call us or schedule an appointment.
There are many differences between an LLC and a corporation, both large and small. One of the more substantial differences between each entity lies in its ownership structure. LLCs are owned by one or more individuals, while shareholders own a corporation.
Dynasty Accounting offers various packages for LLC formation services. Be sure to schedule a call with us to today to discover the best fit for you!
We typically recommend forming as an LLC due to its numerous advantages to small business entrepreneurs. Once you’ve formed an LLC, you have 75 days to consider the option of selecting a different business structure for your new company, such as an S corporation.