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Online Corp Services

Posted by taxguru on June 29, 2009

Going through some old emails in my in-boxes, I came across this short piece from PC Magazine, reviewing some of the main online services for setting up a corp or LLC. 

The article glosses over the critical issue of consulting with a qualified professional tax advisor before deciding which particular entity is appropriate for a particular situation.  The following generalization is completely wrong and misguided.

For most small businesses, the C corporation option isn’t in play, given its complexities and required reports and other filings, along with corporate taxes.

As I’ve explained frequently, C corps are very often much better fits than S corps and are actually much less complicated to handle than are S corps and LLCs. 

TaxCoach Software: Are you giving your clients what they really want?

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