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Exploring business entities: Is an S corporation the right choice?

Summary by N&K CPAs
Are you starting a business with partners and deciding on the right entity? An S corporation might be the best choice for your new venture. One benefit of an S corporation One major advantage of an S corporation over a partnership is that shareholders aren’t personally liable for corporate debts. To ensure this protection, it’s crucial to: Adequately finance the corporation, Maintain the corporation as a separate entity, and Follow state-require…
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N&K CPAs broke the news in on Monday, March 10, 2025.
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