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Starting a Business

I don't know whether to form an S Corporation or a limited liability corporation.

min read
Opinions expressed by Entrepreneur contributors are their own.
It's entirely possible that once your family has an ownership interest in your business--regardless of the form--there will be an impact on their taxes.

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."

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