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How do I structure multiple businesses under one S-Corp in the US?
What about liability? If one of the businesses gets sued, will the others be affected?
When you operate multiple businesses under a single S-Corp, the liability protection extends across all of them. So if one of your businesses is sued, the assets of the other businesses will be protected from creditors. However, it's still a good idea to maintain separate accounting records and bank accounts for each business to ensure that their financials are kept separate.