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funkygrrl OP t1_j9c2evl wrote

Reply to comment by modernhomeowner in Why Mass why? Highest LLC formation and annual fee rate in the USA by funkygrrl

That isn't what I'm asking. Mass is the only state I've come across that makes forming and maintaining an LLC more expensive than an S Corp. Why?

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Able-Juggernaut-69 t1_j9dapx2 wrote

S Corp is not a type of entity, it’s a tax filing election. If you are trying to limit your personal liability and pay the least amount of money talk to an accountant. To your original question though… most likely there is no legitimate reason as to why LLC costs more than incorporating. It’s just MA being MA.

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modernhomeowner t1_j9c65z2 wrote

You live in MA, and you are asking why our legislature did something and expecting some rational reasoning??? How long have you lived here??? lol, I'm being sarcastic/not sarcastic of course, but we could name endless laws that don't make any sense.

LLCs to have the protection of a C-corp with some tax advantages, so I'm sure it's partially that MA wants their due, maybe encourage you to go with the S-Corp.

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