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by tptacek 2577 days ago
I'm not sure what the benefit of an S-Corp is over an LLC these days, because LLCs are simpler and can elect to file taxes as an S-Corp. It might be more straightforward to issue equity to employees as an S? But our legal (Grellas Shah) was emphatic that anything we wanted to do w/r/t/ employee equity compensation was going to be doable in an LLC if we wanted it that way.
1 comments

Neither am I. My understanding is that it's more of a pain to deal with equity distribution for an LLC, but it is doable (the other LLC I own a bit of has done it a couple times to add new members).

S before C is more the amount of nonsense involved in a C-Corp unless you're getting investor money.