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  #21 (permalink)  
Old 01-28-2008, 09:07 AM
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Quote:
Originally Posted by naduval View Post
Has anyone here setup an LLC? I would love to talk about a few questions I have before I hit "pay" on LegalZoom.com.
Fire away... be happy to help if I can.
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Old 01-28-2008, 09:09 AM
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I formed an LLC. Our lawyer did it for around $200. The nice thing is I get to deduct all my equipment, printing, shipping, promo, etc. expenses.
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Old 01-28-2008, 09:09 AM
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Here's a link to S corp vs LLC. I would go S corp anyday to save the SE tax.

S Corp vs. LLC - The Basics Explained
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Old 01-28-2008, 09:41 AM
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I was just looking into this yesterday.....hmmm.
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Old 01-28-2008, 09:55 AM
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Different strokes for different folks based on the income of your business / size of your company. You're prolly going to get varying opinions here as folks have all kinds of business / set ups / income levels.

The smartest thing to do is pay a couple hundred and consult with a tax lawyer. They'll know whats best for your specific business.

We're an LLC Partnership right now. Corporations requires a ton of extra paperwork and management that goes along with it. Though we have a meeting scheduled in February to reaccess and im going to assume that we will switch over to some type of corporation (i believe s-corp is only for self employed).
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Old 01-28-2008, 10:28 AM
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we're an LLC Partnership, works out great for us.
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Old 01-28-2008, 10:33 AM
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Do it yourself and save some money.

This site gets pimped all over the radio out here in L.A.

LegalZoom: Online Legal Document Services: LLC,Divorce,Wills,Incorporation & More
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Old 01-28-2008, 10:37 AM
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i love being a Sole Proprietorship/DBA, I would recommend it for everyone. basically no paperwork and i don't pay shit for taxes, but then i have no partners too.
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Old 06-05-2008, 12:50 AM
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Here's a question:
Is a "DBA" and an "Assumed Business Name" the same thing? I just registered my assumed business name in Oregon, but now that i'm reading about DBA's....it seems like the same thing.....or do i have to do both? So confused
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Old 06-05-2008, 01:14 AM
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You damn crayola pushers better be setting up a SEP Ira
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