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Art House 11-22-2008 10:17 AM

Forming a Legal Entity...
 
Hi everyone.
I have a question most of you have probably dealt with. I'm preparing to set up an LLC as a legal entity to protect myself in the event of any legal mishaps. Not that I'm planning on having any, but I suppose it happens.
Who understands the difference in clear language between filing C corp or S corp status within an LLC? It seems that an S corp is better financially if you are just an individual running a business.
Any takers?

Art

pornguy 11-22-2008 02:46 PM

An S Corp is not only cheaper to set up, but it involves a lot less work on you. Honestly you can most likely find a pretty good answer in wikipedia.com

Most people in Adult go with either a LLC or an S Corp. I personally have a Scorp.

stoner529 11-22-2008 04:15 PM

s corp is way the way to go and safer then an llc.

amateurcanada 11-22-2008 09:40 PM

Hey there, good place to use is www.incorporate.com.


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