Schwartz Law Firm Posts


Last week we discussed considerations for what state to form your business in.  Entrepreneurs most also decide what type of business to form.  This post focuses on how to form your business.  To legally incorporate under the Model Act, applicable to Minnesota corporations, an incorporator must si...
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What is the difference between a Limited Liability Company (“LLC”) and a S-corporation (“S-corp”).

A common question often arises when forming a business as to what is the difference between a LLC and an S-corp.  There are a number of similarities and some distinguishing factors which may impact the decision on which entity to form. In forming both a s-corp. and a LLC, articles are filed with th...
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