Who is incorporated? - GoFuckYourself.com

V_RocKs · 02-27-2004, 04:58 PM

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?

Illicit · 02-27-2004, 05:02 PM

An LLC should be good enough

V_RocKs · 02-27-2004, 05:06 PM

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.

ibuydomains · 02-27-2004, 05:08 PM

single-owner LLC

HeadPimp · 02-27-2004, 05:10 PM

LLC is easy, cheap and helps save your ass if the legal shit hits the fan!

axelcat · 02-27-2004, 05:12 PM

Quote:

Originally posted by V_RocKs
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?

Ask your accountant or find a lawyer to do it

booker · 02-27-2004, 05:14 PM

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.

baddog · 02-27-2004, 05:15 PM

we are

alecb · 02-27-2004, 05:16 PM

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

Peaches · 02-27-2004, 05:17 PM

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.

V_RocKs · 02-27-2004, 05:17 PM

Now, who is LLC'd with 1 - 5 total partners (employees)?

Illicit · 02-27-2004, 05:18 PM

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

slapass · 02-27-2004, 05:20 PM

I have several llc's. Rigth now that seems the best vehicle for smaller companies.

V_RocKs · 02-27-2004, 05:21 PM

Quote:

Originally posted by ajpiii
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

Probably that they are like the online pharmacies. All of those pages are affiliates of the true program. Nothing wrong with it I guess given the business we are in... but... I dunno... They all have the same website... I would feel more comfortable if they showed some origninality.

cocky · 02-27-2004, 05:22 PM

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.

cold_ice · 02-27-2004, 05:44 PM

You should of added a poll. This is good stuff.

Jedimaster · 02-27-2004, 05:46 PM

cold_ice · 02-27-2004, 05:54 PM

So most folK here prefer an llc?

02-27-2004, 04:58 PM	#1
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,409	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?

02-27-2004, 05:02 PM	#2
Illicit wtf ? Join Date: Dec 2003 Location: GFY Posts: 11,895	An LLC should be good enough __________________ Insert Sig Here

02-27-2004, 05:14 PM	#7
booker Confirmed User Join Date: Jul 2002 Location: Baltimore Posts: 1,370	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. __________________ Xanadu024 (aim) or 286785389 (icq) "Hard work beats talent when talent doesn't work hard."

02-27-2004, 05:18 PM	#12
Illicit wtf ? Join Date: Dec 2003 Location: GFY Posts: 11,895	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 __________________ Insert Sig Here

02-27-2004, 05:22 PM	#15
cocky Confirmed User Join Date: Jan 2004 Location: On my couch rubbing one off ! Posts: 2,044	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. __________________ The Best Porn Site

02-27-2004, 05:06 PM	#3
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,409	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.

02-27-2004, 05:08 PM	#4
ibuydomains Confirmed User Join Date: Feb 2004 Posts: 710	single-owner LLC

02-27-2004, 05:10 PM	#5
HeadPimp Bad Mo-Fo Industry Role: Join Date: Jul 2001 Location: Seattle, WA Posts: 2,772	LLC is easy, cheap and helps save your ass if the legal shit hits the fan!

02-27-2004, 05:15 PM	#8
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	we are

02-27-2004, 05:16 PM	#9
alecb Confirmed User Join Date: Feb 2004 Location: Atlanta GA Posts: 269	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

02-27-2004, 05:17 PM	#10
Peaches Old broad Join Date: Oct 2002 Location: Away Posts: 13,933	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.

02-27-2004, 05:20 PM	#13
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	I have several llc's. Rigth now that seems the best vehicle for smaller companies.

02-27-2004, 05:44 PM	#16
cold_ice Confirmed User Join Date: Jun 2002 Location: cali Posts: 3,027	You should of added a poll. This is good stuff.

02-27-2004, 05:46 PM	#17
Jedimaster Registered User Join Date: Dec 2003 Posts: 2,120	llc

02-27-2004, 05:54 PM	#18
cold_ice Confirmed User Join Date: Jun 2002 Location: cali Posts: 3,027	So most folK here prefer an llc?