Saturday, October 11, 2008 | 1:08 a.m.

Is This Subchapter S Corporation Really Necessary?

by Cliff Ennico

"I am considering starting up a small business in the near future. In talking to accountants and lawyers, I could not find anyone who would even consider setting me up as a subchapter S corporation. They are all insisting I form a limited liability company (LLC) because it is supposedly more simple and straightforward to operate. Still, I've heard from some other folks — admittedly they are not attorneys — that tell me the LLC doesn't offer the same level of protection agains ...

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Saturday, October 11, 2008 | 1:08 a.m.
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