Questions about incorporating

Linkster · 2004-10-05, 10:34 AM

One thing to keep in mind as well as the previous advice - it definitely depends on what type of corporation you are setting up - whether it be a partnership, a LLC, a full corp or a partnership LLC - which way your tax benefits will fall - in my case it happened to be cheaper to maintain a registered agent in DE and report my income in my home state as well as a partnership LLC - and we own a few of them - but being a partnership LLC we also get some big benefits against personal income

Gotta agree that talking to a friendly accountant is your best step - and as mentioned - make sure they are aggresive on tax rules for deductions and types of income.

2004-10-05, 10:34 AM	#1
Linkster NO! Im not a female - but being a dragon, I do eat them. Join Date: Mar 2003 Location: Sex Delta Posts: 5,084	One thing to keep in mind as well as the previous advice - it definitely depends on what type of corporation you are setting up - whether it be a partnership, a LLC, a full corp or a partnership LLC - which way your tax benefits will fall - in my case it happened to be cheaper to maintain a registered agent in DE and report my income in my home state as well as a partnership LLC - and we own a few of them - but being a partnership LLC we also get some big benefits against personal income Gotta agree that talking to a friendly accountant is your best step - and as mentioned - make sure they are aggresive on tax rules for deductions and types of income. __________________ Pussy Chompers Porn Links NSCash