Hi, Read our blog post, "Should My Company be an LLC, an S-Corp, or Both?" on our Business Law Advisor blog. You can also read about the differences in our section about the various business types. You might also consider reaching out to one of SBA has resource partners like SCORE, Women’s Business Centers and Small Business Development Centers. They're located across the country and provide free business counseling to individuals looking to start or expand a small business. Visit SBA Direct to find your local SBA resource partners by entering your zip code.

Have you considered creating an LLC? The cost and reporting requirements may be less.