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Dana Leavy posted a new Legal Issues thread on 9/15/2011

What did you learn in the process of creating your LLC/S-Corp/Corporation?

As a consultant I often work with clients who are transitioning from employee to entrepreneur, and face a lot of logistical decisions about what kind of entity they want their business to operate as. Obviously each entity has its different positives and negatives from a tax and legal standpoint. For those of you who have gone through the process, what particular advantages and disadvantages did you encounter along the way?
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