s corp, c corp

[ivy]

I'm interested in opening my own boutique with no limits. I'm going to be selling jewelry, clothing, etc. that I've designed. What is the best corporation to be?

[jasaunders]

Speak with an accountant and lawyer.
The major difference between a C and S corp is that the taxes of an S corp will pass through to you as an individual, whereas a C Corp will be taxed on a corporate level first. If you have zero or a small number of employees, you may be better with an S Corp to avoid double taxation. But there are benefits to a C Corp as well, therefore speak to a CPA before deciding.

[jpaynecr]

I would go with S corp for a small shop. I am pretty sure that you will not be double taxed that way.

[SpencerB]

I agree with speaking to a lawyer/accountant.

I would also suggest looking into an LLC. You get the simplicity of pass thru taxes plus the limited liability of a corporation.