I don't know whether to form an S Corporation or a limited liability corporation.
Speak to a business accountant who understands these areas to determine the extent of the impact, if any, and which form will minimize the negative and "accentuate the positive."
Nina L. Kaufman, Esq. is an award-winning New York City attorney, edutainer and author. Under her Ask The Business Lawyer brand, she reaches thousands of entrepreneurs and small business owners with her legal services, professional speaking, information products, and LexAppeal weekly ezine. She also writes the Making It Legal blog.