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-   -   Who is incorporated? (https://gfy.com/showthread.php?t=243973)

V_RocKs 02-27-2004 04:58 PM

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?

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.:thumbsup

Jedimaster 02-27-2004 05:46 PM

llc:thumbsup

cold_ice 02-27-2004 05:54 PM

So most folK here prefer an llc?


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