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Monday, May 05, 2014 • Chicago, IL 60610
Health and Fitness Law Blog
One of the first questions new clients ask me when forming a new fitness business is whether or not they should form as an LLC or an S-Corporation. These two types of entities are selected by more than 90% of my clients because each is tax favorable to the business owner (both entities have flow through taxation, meaning, the business does not pay tax – but instead the earnings of the business flow through to the member’s/shareholder’s personal tax return where taxes are ultimately paid).

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