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LLC

  • Hybrid between corp. and partnership
  • One of the most popular choices
  • Allows for pass-through taxation

S-Corporation

  • Specialized form of corporation
  • Allows for pass-through taxation
  • Excellent choice for all businesses

C-Corporation

  • The oldest form of business entity
  • Provides limited liability protection
  • Separate tax status from its owners

Nonprofit Corporation

  • Eligible for exemption from taxes
  • May receive both public and private grants
  • Corporate limited liability protection
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