LLC or Corporation???

Discussion in 'Business Operations' started by VAMower, Jul 8, 2008.

  1. VAMower

    VAMower LawnSite Member
    from VA
    Posts: 78

    I will be buying a mowing/landscaping business in the near future. I currently work for the man who owns it and operates it as a sole proprietorship. I have a question for you business owners out there. What would you recommend using for the ownership entity, a LLC or a Corporation? I understand an LLC is easier to set up but there are some tax benefits to the Corporation. I am going to be meeting with my CPA soon but would like to get your input on the advantages and disadvantages of each.

    Thanks in advance!
     
  2. Two Seasons

    Two Seasons LawnSite Senior Member
    Posts: 791

    I think you'll find that an S-Corp may be the way to go. That's what our CPA suggested and it has been good for us.
     

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