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Daycare Center and Family Home Forum>LLC or S Corporation?
Fruitloops1 08:44 AM 12-13-2012
I am planning on either doing an LLC or an S Corp. What has everyone else done if you went that route. I am currently a home daycare but plan on opening a center in a few years. I read some of Tom Copeland's taking care of business article and now I am even more confused!!
Michael 03:10 PM 12-13-2012
Consult your accountant but in my opinion I would consider an S-corp because of the new taxes coming in 2013. I don't know if you have partners or a investors and that also has to be considered. If its simple, go S-corp. I just had this conversation with my accountants.
Tags:llc, s-corp
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