Kenyon hill ridge llc vs s-corp
Kenyon hill ridge llc vs s-corp
Llc vs s-corp in california!
How to Choose Between an LLC and S-Corp: A Detailed Comparison for 2024
When starting a business, one of the biggest decisions you’ll face is choosing the right business structure.
Two of the most popular options for small business owners are the LLC (Limited Liability Company) and the S-Corp (S Corporation). Both offer personal liability protection and tax benefits, but they operate differently in several key areas.
In this detailed comparison, we’ll break down the differences between an LLC and an S-Corp to help you make the best choice for your business in 2024.
By the end of this guide, you’ll understand the pros and cons of each, making it easier to decide which structure fits your needs.
What is an LLC?
An LLC (Limited Liability Company) is a business structure that combines the flexibility of a partnership with the liability protection of a corporation.
It is easy to set up and manage, making it a popular choice for small business owners.