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What type of corporation to file for

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  • What type of corporation to file for

    I’m a new doctor in New York. Pllc-s or P.C-scorp. I think these are the two options available to me.

    im planning to make around 400k year and will probably want a defined benefit plan.

    advise?

  • #2
    specifics matter and it’s an important decision to get right so my advice would be get professional help

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    • #3
      Gentle reading. +1 on the professional advice.

      https://newdentistblog.ada.org/what-...cting-and-why/

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      • #4
        Get professional advice, though it may be state specific, In my state I could not file as a S-Corp for my business but my real estate I can. There are different tax consequences to both. With a C corp you need to zero out at the end of the year on the books to avoid double taxation. S-Corp with give you better path through income which avoids some taxes on the higher income side.

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