What are the Differences Between a C and an S Corporation?

What are the Differences Between a C and an S Corporation? As a Hartford County, Connecticut Business Lawyer I get asked, what is the difference between a C Corporation and a S Corporation? A C Corporation is on a default tax treatment by the IRS. In those circumstances, the corporation will be taxed and then…

Are There Any Benefits to a Connecticut LLC?

Are There Any Benefits to a Connecticut LLC? There are a number of advantages to forming a Connecticut LLC when you start your own business as opposed to a Connecticut corporation. The Limited Liability Company Form is very flexible. It can be utilized to really operate your business as a partnership with a member-managed LLC…

What are the Advantages of a Corporation vs an LLC?

What are the Advantages of a Corporation vs an LLC? I’m often asked as a Hartford County, Connecticut Business Lawyer, what are the advantages of setting up a Connecticut corporation? One of the advantages is the free transferability of the shares in the company. Another advantage is the limits on liability that shareholders have. Another…