Home      Login


Limited Liability Company: Still the Best Choice for Most Small Businesses  


Author:  Martha Doran.; G.E. Whittenburg.; Radie G. Bunn.


Source: Volume 21, Number 04, Summer 2004 , pp.392-401(10)




Journal of Taxation of Investments

next article > |return to table of contents

Abstract: 

This article examines the choice of legal entities available for small business owners. The advantages and disadvantages of a sole proprietor, partnership, C corporation, S corporation, and the Limited Liability Corporation (LLC) are evaluated. It is determined that the LLC is the best choice of entity for many small business owners.

Keywords: 

Affiliations:  1: School of Accounting, San Diego State University; 2: School of Accounting, San Diego State University; 3: School of Accountancy of Southwest Missouri State University.

Subscribers click here to open full text in PDF.
Non-subscribers click here to purchase this article. $20

next article > |return to table of contents