09-17-2002, 06:13 PM
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Confirmed User
Join Date: Feb 2002
Location: Vegas
Posts: 5,741
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Quote:
Originally posted by playa
forming an LLC is so simple,,
last year self employment tax really kicked my ass,,
out of all the taxes thats what will really screw you over,
by forming a S corp you can save some pretty good money
when it comes to self-employement tax,,
the down size is that there will be more accounting that needs to be down every quarter and you will also have to file 2 tax returns,,
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Who cares, it'll save me 10 grand
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