Florida S-Corp vs. LLC: Making the Right Choice for Your Business

An important step in any successful business is making it an official, legally recognized entity. There are a number of types of Florida businesses, including S-Corporations, which are technically not legal business entities, but rather, an elected tax status that essentially lets the IRS know to tax your business as a partnership. The best kind of business for you depends on a number of factors, such as the organization and nature of your business, the amount of liability you are comfortable with, and possible tax benefits and drawbacks.  Two of the most popular kinds of Florida businesses are S-Corporations (S-Corps) and...

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