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Welcome to the GoFuckYourself.com - Adult Webmaster Forum forums. You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please contact us. |
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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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02-02-2008, 12:59 AM
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#1 |
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Confirmed User
Join Date: Oct 2002
Location: New Jersey - adaptweb at gmail.com
Posts: 3,127
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setup my first LLC, what should i look out for?
so i created a Delaware LLC for my adult marketing and IT consulting.. I made a list of things I need to do.. any of you have suggestions or 'what to look out for' regarding the early stages of your LLC? Should I move my own cell phone and home internet to the LLC - does it matter if checks/domains goto the LLC?
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self made mothafucka.  buying premium domains & developed sites with revenue/traffic -> adaptweb at gmail.com
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02-02-2008, 01:11 AM
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#2 |
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wtf
Industry Role:
Join Date: Sep 2001
Location: Bikini State, FL USA
Posts: 10,914
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set up bank account and credit card in LLC name
pay all bills related to this business with above accounts and deposit all money earned into above accounts turn in to accountant big pimpin cheers, BV |
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02-02-2008, 01:18 AM
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#3 |
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So Fucking Banned
Industry Role:
Join Date: Apr 2001
Location: N.Y. -Long Island --
Posts: 122,992
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i prefer S Corps
Get a D n B # and DONT get anything else from them |
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02-02-2008, 01:28 AM
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#4 | |
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Too lazy to set a custom title
Industry Role:
Join Date: Dec 2003
Posts: 11,089
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Quote:
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02-02-2008, 02:27 AM
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#5 |
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aka Jimmy James
Industry Role:
Join Date: Nov 2006
Location: Newport
Posts: 1,335
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bank account in LLC, checks paid to LLC, everything to LLC...
keep minutes and organizational agreements even if you are a single member LLC, check state regs and fees, in cali we have a franchise fee yearly of 800$ for any corp doing business in the state keep in mind irs assumes single member llcs want to be taxed as a sole proprietorships, you must elect to be treated as c or s corp - get good accountant like any business 
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Jimmy James  ATKingdom/AMK Empire Since 1996 - My MoviesHome of ATKGirlfriends - Where we take pornstars on trips...and fuck them.  Connect with me on LinkedIn |
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02-02-2008, 02:58 AM
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#6 | |
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Just Du It
Industry Role:
Join Date: Feb 2004
Posts: 12,094
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Quote:
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02-02-2008, 07:39 AM
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#7 |
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Confirmed User
Join Date: May 2001
Posts: 2,098
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Keep very accurate records (when in doubt, save everything) and do NOT mix biz and personal expenses from different accounts. I learned this lesson the hard way.
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gunner @tutamail.com 25 years in the jizz biz |
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02-02-2008, 10:17 AM
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#8 |
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The one and only!
Industry Role:
Join Date: Nov 2002
Location: Atlanta, GA
Posts: 17,761
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also if you have any other questions, call an accountant.
good luck!
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Mandy's Playhouse Her First Fat Girl If you're interested in promoting my sites, ICQ me! 178411921 |
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02-02-2008, 10:21 AM
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#9 | |
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Confirmed User
Join Date: Jan 2005
Location: Chicago, IL
Posts: 8,452
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Quote:
The only other thing that hasn't been mentioned is to have your own FEIN and not use your SS#. I'd imagine this is already setup with an LLC, but if not, you want to do that immediately. |
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