dr. zinman. it's mr. zinman. i'm not there yet. >> i'm sorry. >> that's okay.e do have a distinguished panel. yes, when people want to start a company, the first thing they do is they go -- a lot of times they go to an attorney and they say, we want to open up a restaurant, we want to open a building, we want to rent a property. often the attorneys will recommend a corporation, because that's what they know. llc's are around for quite a while but they're still somewhat new. there's more tax law and case study on corporations. so they go to the corporations, and then they go to the accountant and they say, should i be -- my attorney told me to come over to see you, should i be a c corporation or should i be an s corporation? well, on a small business level, sometimes it's irrelevant, because depending on the amount of income, depending on the shareholders, the owners, what kind of salaries they want to take, you can strip a lot of the profit out of the corporation just by paying a salary, which isn't necessarily a bad thing. when somebody pays a salary, they pay

dr. zinman. >> i'm sorry. >> that's okay. yes, you know when people want to start a company the first thing they do is they go to an attorney and they say we want to open up a restaurant. we want to own the building. we want to property and often the attorneys will recommend a corporation because that's what they know. llc's are around for quite a while but they are still somewhat new. there is a tax line case study on corporations. they go to the corporations and then they go to the accountants and they say my attorney told me to come over and see u. should and see u. should i be a. >> corp. or should i be in s corp.? on the small-business level sometimes it's irrelevant because depending on the amount of income, depending on the shareholders, the owners, what kind of salary they want to take you can strip a lot of the profit out of a corporation despite being the salary which is in necessarily bad. if somebody pays a salary they pay into social security and pension benefits etc. sell yeah if you lower the. >> corporation pr