Posted by Rik NJ on May 12, 1999 at 10:26:26:
In my opinion a C corp. is always the best option. The common rebuttal that I hear is that C corps are subject to double taxation. That’s simply not true (if you’re smart). You can take the money out of the company in many other ways besides earned income or dividends. C.W. Allen of Sage International, Inc. is someone you should talk to. He is the most knowledgeable person I know of regarding asset protection and legal tax avoidance through corporate structuring. He can be reached at 1-800-254-5779.
I hope that helps.