The Key Differences Between an LLC and an S Corp In Wyoming

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Wyoming has seen a recent economic uptick as it continues to recover from the impact of the pandemic. It remains a strong state for business and it has been able to reduce its unemployment rate from 4.2% in September of 2021 to 3.7% in February of 2022 according to the US Department of Labor. When considering starting a business in Wyoming it is important to know which business type will best suit your needs. The two most common types for a small business are LLCs and S corporations.  LLC and S Corporations A Limited Liability Company (LLC) and an S-corporation

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