Both the LLC and S corporation can be used for a business that has a single owner or multiple owners. The LLC is a newer choice but has been recognized by the IRS for quite some time. Which type of entity is the better choice for you? It depends, of course. Let’s talk! Joetta Kuhn, CPA, Member AICPA, WVSCPA and Kimberly Donahue with the US Small Business Administration lead the discussion and answer your toughest questions.
More details: http://www.digiso.org/ai1ec_event/llc-vs-s-corporation-whats-the-best-corporate-structure-for-your-business/?instance_id=1101