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Hi All,
How long is the induction in KPMG India
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Forgive me for being direct, but that is not the right way to ask your question.
1) Legal entity types are different than tax election (pass-through LLC vs S-Corp), so most likely you mean between a pass-through LLC and a sole proprietorship, in which case there are not more tax savings using 1 vs. the other. LLCs are for limiting your liability, so it doesn't affect your taxes. But if you after your 1st year you are filing taxes, you choosing pass-through vs S-Corp will affect your tax liability.
2) I would choose LLC over sole proprietorship usually bc the latter gives you no liability protection. However, if you are not afraid of liability, then consider filing costs (e.g. setting up an LLC is much more expensive than a sole proprietorship in California).
Limited liability is my first thought, since this seems to be most common
It’s safe, inexpensive, and fast
I could be wrong!