It’s time to take the gloves off. After my last article touting the significant advantages of limited liability companies (LLCs) over corporations, my e-mail box filled up fast. Misinformed small business owners, accountants, and attorneys wrote to question some of my contentions. One local attorney who likes to form corporations even wrote a “rebuttal” for this publication. Such debate is healthy and often useful, but it’s important that the arguments are based on fact. In this case, they were not.

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