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What is the advantage of an LLC or a Corporation either C-Corp or S-Corp?

April 26, 2017advantage c-corp corporation LLC s-corp

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What is the advantage of an LLC or a Corporation either C-Corp or S-Corp?

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The main advantage of incorporating or forming a LLC is to protect personal assets such as bank accounts, stocks and bonds, recreational vehicles, and real estate other than homestead. General partnership do not shield personal assets.