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Starting a business: S Corp or LLC

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  • Starting a business: S Corp or LLC

    Hello:
    My friend and I are thinking to start a small business. Both of us are married.
    We are debating what is best: LLC or an S corp. Initially we will not have employees, but eventually we will have to hire one or two.

    Can the forum advise on what is best?
    Thanks
    Sam

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