LLC vs S-Corp in New York State
August 5, 2014 2:10 PM Subscribe
I'm forming a company around an app, with myself as the sole investor and shareholder -- and my lawyers (based in CA) have advised me to go with an S-Corp instead of an LLC to avoid paying an extra $2k for New York's ridiculous "publication requirements" for LLCs. What's the catch though? I mean if this works, why doesn't everyone do it?