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Who is incorporated?
Did you go through a service? If so who?
What advantages are you perceiving from being incorporated? What disadvantages are you having? Got any tips you think I should know? |
An LLC should be good enough
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From what I've read, people would know that I was the sole employee. Incorporating and not being public I could keep that to myself. All you would see is the letter head.
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single-owner LLC
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LLC is easy, cheap and helps save your ass if the legal shit hits the fan!
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Definitely talk to a lawyer.. the type of incorporation you chose is important, influences how you will deal with taxes, liability and other issues, which should be why you are incorporating in the first place.
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we are
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go LLC -- for me in VA, it was as easy as calling the State Commissioner and getting a form off the internet. Helps prevent them from taking all your personal earnings in case anything happens legal wise (and also good financial protection)
-alec |
I'm incorporated - I did it myself through my state. My CPA told me everything I needed to know: what kind (subchapter S), where to do it, how to do it, gave me the forms, etc.
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Now, who is LLC'd with 1 - 5 total partners (employees)?
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You can do one of those online LLC deals, they take care of everything, but something bothers me about them for some reason... https://www.llc.com/index.cfm
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I have several llc's. Rigth now that seems the best vehicle for smaller companies.
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Corp. It's a single 5 answer form in Colorado. $25 fee. Somewhat protects your personal assets if you get sued. You can write off everything like hosting, computers, space in your home, etc.
Then file with IRS for TIN. LLC is easier. A single owner LLc has almost 0 reporting. Talk to a CPA. |
You should of added a poll. This is good stuff.:thumbsup
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llc:thumbsup
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So most folK here prefer an llc?
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