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When it comes to forms of ownership, manufacturing company owners have a few choices. Among them are two that offer a combination of the flow-through taxation of partnerships and the liability protection of C corporations: S corporations and limited liability companies (LLCs). Both forms have pros and cons, including some variations in tax consequences. S corporations can save payroll tax for employee-owners, and ownership interests in them can be easier to transfer. On the other hand, LLCs aren’t subject to as many of the restrictions that limit S corporation flexibility. We can provide the tax advice to help you determine which form of ownership is right for your manufacturing company. #Consulting #Risk #BusinessResiliancy #Manufacturing #Construction #Business #LitigationSupport #BusinessConsulting #ExpertWitness #InternalAudit #TrialConsultant #DataAnalytics #BVal

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