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why or why not? [img]/forums/images/%%GRAEMLIN_URL%%/helpsmilie.gif[/img]
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If you don't fight for what you deserve, you deserve what you get.
We are > Fossil Fuels --- Bill McKibben 350.org -
Re: LLC vs S
whats S?When its hot in the jungle of peace I go swimming in the ocean of love..... -
Re: LLC vs S
S= Sole [img]/forums/images/%%GRAEMLIN_URL%%/confused.gif[/img]
Sole Prop, Partnerships, S-Corps and C- Corps
wah yuh up to now Kia [img]/forums/images/%%GRAEMLIN_URL%%/704555_dwl.gif[/img] [img]/forums/images/%%GRAEMLIN_URL%%/popcorn.gif[/img]Comment
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Re: LLC vs S
I was guessin dat but mi was a wonda why she so tight wid di initials.
Mi sure sey is tax advice she a look ...When its hot in the jungle of peace I go swimming in the ocean of love.....Comment
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Re: LLC vs S
yes Kia yuh too stingy pan the words...come with the full story [img]/forums/images/%%GRAEMLIN_URL%%/grin.gif[/img]Comment
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Re: LLC vs S
Most definitely LLC if for no other reason than to limit personal liability. Operating as a sole proprietor or partnership, makes the owner(s) personally responsible for any business debts or lawsuits against the business, placing just about everything you own at some risk.aka ChurchDude. I want that moniker back! Until then....
"Sometimes you have to let go to see if there was anything worth holding on to" ~ AnonComment
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Re: LLC vs S
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: CEW</div><div class="ubbcode-body">Most definitely LLC if for no other reason than to limit personal liability. Operating as a sole proprietor or partnership, makes the owner(s) personally responsible for any business debts or lawsuits against the business, placing just about everything you own at some risk.
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The level of responsibillity and taxes varies with state laws. So one have to examine the laws of their jurisdiction as it relate to it.Comment
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Re: LLC vs S
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: CEW</div><div class="ubbcode-body">Most definitely LLC if for no other reason than to limit personal liability. Operating as a sole proprietor or partnership, makes the owner(s) personally responsible for any business debts or lawsuits against the business, placing just about everything you own at some risk.
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We made that mistake...hubby listed his company as Mr Skells dba XYZ.... in the process of rectifying...Comment
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Re: LLC vs S
doing work as an independent contractor and for tax purposes wanted to know which route may be better tax wiseIf you don't fight for what you deserve, you deserve what you get.
We are > Fossil Fuels --- Bill McKibben 350.orgComment
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Re: LLC vs S
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Kia</div><div class="ubbcode-body">doing work as an independent contractor and for tax purposes wanted to know which route may be better tax wise </div></div>
Kia mi will look into this pan monday..mi nain deh work couple days last weekComment
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