I just want to add that business entity selection in a serious decision that needs to addressed with the proper professionals (accountant and probably a tax attorney). I'm a CPA also but am no expert concerning all tax matters and this should not be considered professional advice on my part. The benefits of an entity also vary from state to state. Just be sure to learn what you can about each type of entity and discuss the pros/cons with your professional resources.
Also, the double taxation issue for Corps only applies to monies paid as dividends/gains/distributions to shareholders.
Steve Coffman
ACU-TECH Pressure Cleaning, Inc.
Chapin, SC