Quote:
Originally Posted by HandballJim
Thats true, I guess before I do anything I will take a closer look at the S, currently I am an affiliate not a program owner so I am not producing anything yet. My main reason is I just want to be able to use the LLC name with my domains, and when signing up with programs use this tax ID instead of all my personal info...and of course once this turns into something more then just a side business I can always dissolve the LLC and make a corp. I am not doing anything wrong, but a little paranoid sometimes.
The lawyer I did speak to at the show told me an LLC should be fine, he said any adult content can be a problem if someone makes it one, and he did say that text links are the safest when promoting. He was based in NJ, and has adult clients.
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I should have clarified... what I mentioned earlier about the S was my personal situation. I've had an S for years for various side businesses etc.
I know a lot of affiliates that have a S and I know a lot that have a LLC. Everybody's situation is different and everybody's goals are different. That's the thing. Everybody has different goals so listening to one person tell you to get a LLC could be the perfect solution for them, but totally opposite of what you need.
I know of pretty big companies that have LLC and individuals that barely make any money having a S. The money you bring in really doesn't matter all that much.