Quote:
Originally Posted by HandballJim
I read an S-corp is good, but the LLC seems the easiest since it is just me. I dumped accountants a while back and been doing my taxes online myself...got tired of them making mistakes. I have friends who are accountants so if I have a question they can help me, but searching online gives me the most help. Unless your making a million dollars a year there is a very small percentage of being audited. Don't have the article handy but they mentioned it in last weeks news paper.
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Your friends aren't *your* accountant and they don't know all of your financial details. Unless you are telling them, which you really shouldn't. They also aren't always looking out for your best interest out of their interest like an attorney would, they are simply sharing information.
I spent $400 and spoke with my lawyer. He told me go with S to do what I want to do. This guy specializes in this stuff. That $400 pays itself off every year easily.
You spend thousands of dollars a year on domains. Don't go cheap on this just to save a couple hundred bucks. Get someone that is legally obligated to represent you and your best interests.