S-corp or LLC? What's recommended for a small preschool in Florida?
I'm slit a preschool within Florida and be wondering what permitted structure is best? LLC or S-Corp? And is it possible to incorporate until that time securing a location? Thank you for your feedback.
Answers:
The best item is to consult a business attorney first.
You can incorporate up to that time securing a location, as long as you hold an address in the state of you are incorporating in. I recommend incorporating in the state that you are doing business in.
I similar to the S-Corp concept, the corporation does not hold to payment federal income taxes on it's profit.
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Answers:
The best item is to consult a business attorney first.
You can incorporate up to that time securing a location, as long as you hold an address in the state of you are incorporating in. I recommend incorporating in the state that you are doing business in.
I similar to the S-Corp concept, the corporation does not hold to payment federal income taxes on it's profit.