PC vs LLC in corprate optometry.

Discussion in 'Optometry Archives' started by nat, Jul 20, 2003.

  1. nat

    nat Guest

    What are the advantages and disvantages of each, Such as liablility
    and tax advantage? TIA
     
    nat, Jul 20, 2003
    #1

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  2. nat

    nipidoc Guest

    My understanding is that both offer the same protection in terms of
    libility. I don't believe you are afforded much protection from
    malpractice in either case since I think that malpractice in most
    states holds the doctor, not the corporate entity personally
    responsible. Malpractice is treated similarly to punching someone in
    the nose. But you are afforded protection from slip and fall type
    crap.

    As far as tax advantages/disadvantages, you should ask a CPA.

    nipidoc
     
    nipidoc, Jul 24, 2003
    #2

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