By Attorney Robert Montgomery | Updated 6/30/2021
Over many years, 100's of new businesses owners have contacted me and the majority have made the same big mistake.
This mistake may erase the very benefits people are suppose to get when they set up an LLC.
In Most Cases, the LLC Can Be the Best Choice for a Smaller Business as Long as You Set it up Properly.
LLC's Can provide the Same or Similar Tax Benefits as an
S. Corporation.
This means if set up properly, you can save almost half on the FICA .
When someone tells me they plan to operate their business as a sole proprietor or partnership, this really concerns me.
Liability issues are much greater in these business forms or structures.
Operating your business as an LLC can make it appear more profesional than simply being a sole proprietar.
You can avoid a huge mistake when setting up an LLC by following the directions given in this
FREE Special Report
LLC's provide the owners of the business with liability protection for their personal assets.
This can be a huge benefit and is the main reason to form a separate legal entity.
The #1 reason I never advice a business owner to operate as a sole proprietor or parternship is because it does not provide any form of liability protection for the personal assests of the owner(s).
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