🏢 LLC or S-Corp? 🤔

Choosing between an S-Corp and an LLC for your business structure? Use this checklist to determine which one fits your needs best.

1. Formation & Structure

• LLC:

• S-Corp:

2. Taxation

• LLC:

• S-Corp:

3. Self-Employment Taxes

• LLC:

• S-Corp:

4. Ownership & Flexibility

• LLC:

• S-Corp:

5. Compliance Requirements

• LLC:

• S-Corp:

6. Profit Distribution

• LLC:

• S-Corp:

Key Takeaways

• Choose LLC for flexibility, ease of setup, and minimal compliance.

• Choose S-Corp if you want to save on self-employment taxes and meet the eligibility criteria.

Still Confused? We Can Help.

At Guided Growth Legal™, we specialize in business formation and provide professional legal counsel tailored to your unique needs. Whether you’re leaning toward an LLC or an S-Corp, we’ll guide you through the process to ensure your business is set up for success. Contact us today!