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: Michigan Business Lawyer Blog

Comparison Between a Michigan C Corporation and a Michigan S Corporation

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Usually the most important factors that go into a business owner's decision to incorporate have nothing to do with tax issues. Rather, most business people incorporate because they want to shield personal assets from trade creditors and litigation. (Corporate stockholders, unlike sole proprietors, are not personally liable for business obligations.) However, once the decision to incorporate is made, the next decision that must be made is whether to set up the corporation as a C corporation read more

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Full post as published by Michigan Business Lawyer Blog on January 14, 2008 (boomark / email).

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