It doesn't have to be expensive though. My lawyer (used to) costs $500 for the S-corp/LLC formation, including the one hour consultation and all the registrati

It doesn't have to be expensive though. My lawyer (used to) costs $500 for the S-corp/LLC formation, including the one hour consultation and all the registration fees. He also explains LLC vs. S-corp choice, the latter being a perfectly viable option in a large number of cases. It is of course best to come prepared to make the most of your money.