Subject: Re: S corp or C corp?
I was asked a question or two about the advantages and disadvantages of each....
One thing to consider is long-range and a consideration should one or more of the partners want to change his mind later. When my wife and I were setting up LLCs for our ventures (one in New Mexico and one in Texas--the laws regarding LLCs are State-specific), one factor that was emphasized to us is that it's easier to convert an LLC to a C-Corp than it is to convert a C-Corp to an LLC.
Eric Hines