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Gar- Thanks so much for answering all these questions... I've got one for you.
I'm a sole proprietor of a high liability business. I employ 8 part time employees and one independant contractor. I have a Sep-Ira set up for the vested employees.
Due to the liability, I need to incorporate. What is more beneficial in terms of taxes, expense, and hassel factor, an LLC or an S Corp?
Thanks
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For me there is only the traveling on paths that have heart, on any path that may have heart. There I travel, and the only worthwhile challenge is to traverse its full length. And there I travel, looking, looking, ...breathlessly.
-Carlos Castaneda
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