BFT3K |
03-25-2013 10:47 AM |
Quote:
Originally Posted by AdultPornMasta
(Post 19543882)
Best with a "C" and why people use LLCs at all is beyond me!
:2 cents:
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LLC's are much easier to deal with from a tax-preparation standpoint.
It used to be you had to be a corporation in order to separate yourself from your business for liability purposes.
I believe those same protections also exist now, via an LLC (limited liability company), so it is probably the best small business classification.
I am currently a C corp, but I may switch over to an LLC myself, as my accountant suggests (no need for an annual corporate return, etc).
Here's an interesting comparison of business classifications...
http://www.themoneyalert.com/Corp-Entity-Table.html
And oh yeah... FUCK TUBE SITES!
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