Should Your Startup Be an S-Corp or an LLC?
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If you want to start up a small business in New York, one of your first considerations will be the choice of business entities. If you work on your own, and decide to set up a sole proprietorship, this article is not for you. For non-professionals (licensed by the State of New York) who don’t want a sole proprietorship or traditional partnership, your practical choices are the limited liability company (LLC) and the S corporation.
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