Tax wise which is the best way to go partnership or corp?

Question

Tax wise which is the best way to go partnership or corp?

Answer 1

It depends.  You should consult a tax professional familiar with your particular situation to determine what is best for you.

Answer 2

depends on th esize of company. S-Corp is a flow through to the owners and it pays no tax -- but as a corp it protect you personaly.

Partnerships have no liability protection.

Both must file informational returns to the IRS

Answer 3

inc. Go Subchapter S. Best protection for you and the corp. Too much liability the other ways not knowing what your buis is.