Quote:
Originally posted by Jubal
The only convincing argument I've ever heard is that an INC (S or C Corp) has a decades of legal precedence to rely on if you're sued. This precedence prevents your from being held liable for the acts of your corp. LLC doesn't have nearly the case history behind it.
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...and I wouldn't put too much stock in this. If you're a small business, check what your risks are, and if they are able to be minimized by good business insurance, it's a moot point.
If, however, you are into asbestos installation or tobacco sales, you might want to reconsider.