I am a sole proprietor looking to turn to a better entity type, I am currently choosing between an LLC or C-Corp and possibly elecing S-Corporation status for either one that I chose; I am the only-owner, no shareholders or stock, just me..but I am interested in being able to have shareholders or members put money into the corporation and receive an annual percentage (althought that isn't a main priority, I do have interest in it). Primarily, I am trying to gain the best tax benefits, as well as the liability that llc's and corporations offer to entrepreneurs. I am looking to see which better suits my interests:
I am interested in the following:
With this being said, which would better suit my interests?
Thank you all very much!
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