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Advice on LLC v S-Corp in Cali

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  • Advice on LLC v S-Corp in Cali

    Hello!
    I'm a total newbie on here, so please be kind! I have been a W-2 employee for the past 10 years and am hoping to break away and start a private practice (I'm a psychiatrist). My husband has a startup tech company that is doing quite well and our main interest is in protecting assets (home, savings, cars, etc). I don't have any income yet obviously from my new practice, but is it best to go the S-Corp route rather than Sole Proprietorship?

    BTW - thank you so much for all the wonderful advice here. I'm trying to catch up on all the financial guidance here!

  • #2
    Originally posted by calimd3 View Post
    Hello!
    our main interest is in protecting assets (home, savings, cars, etc).
    I would consult a local attorney before making a business entity decision

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    • #3
      Yes, will do. Thanks for your response.

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