LLC or Corporation? How to Choose the Right Form for Your Business

Your company has grown-- now it's time to upgrade your legal structure to something that will protect you and your assets, as well as provide other benefits. In other words, your business is ready to become either a corporation or a limited liability company.

The question is, ''Which one?'' The answer isn't always clear -- but because your choice will affect the legal and tax status of your business, it's the most important question you'll answer.

LLC or Corporation? will help you make the right choice with plain-English explanations of: