A Corporation Versus A Limited Liability Company

Joseph W. Bartlett, Special Council, Reitler Kailas & Rosenblatt LLC

There are a number of alternatives structures, including general and limited partnerships, business trusts, sole proprietorships, etc. In the final analysis, the choice of entity usually comes down to an election between a corporation, whether S corporation or C corporation, and a limited liability company. The following is a summary of certain important issues.

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