Your Business Set Up - Corporation? Partnership? LLC? Individual?

Greenguy · 2005-01-17, 04:09 PM

The thread on taxes got me wondering how everyone has their stuff set up.

Of coruse, when I started this all out back in 96/97, I had no idea what I was doing, so I just filed the money in with the money I recv'd from my normal job when I did my taxes.

But then I got an accountant & was advised to form an S-Corp - partly because if anyone was to ever sue me for this stuff, they'd sue the company & not my personally. The other part is based on tax breaks & retirement plans & whatnot

If you want, you can post why you are set up that way as well

View Poll Results: How is your business set up?
Individual / Sole Proprietor	11	36.67%
Corporation	11	36.67%
Partnership	2	6.67%
LLC	2	6.67%
NA - I don't file taxes	4	13.33%
Voters: 30. You may not vote on this poll

2005-01-17, 04:09 PM	#1
Greenguy The Original Greenguy (Est'd 1996) & AVN HOF Member - I Crop Pics For Thumbs In My Sleep Join Date: Feb 2003 Location: Blasdell, NY (shithole suburb south of Buffalo) Posts: 41,929	Your Business Set Up - Corporation? Partnership? LLC? Individual? The thread on taxes got me wondering how everyone has their stuff set up. Of coruse, when I started this all out back in 96/97, I had no idea what I was doing, so I just filed the money in with the money I recv'd from my normal job when I did my taxes. But then I got an accountant & was advised to form an S-Corp - partly because if anyone was to ever sue me for this stuff, they'd sue the company & not my personally. The other part is based on tax breaks & retirement plans & whatnot If you want, you can post why you are set up that way as well __________________ Promote POV Porn Cash By Building & Submitting Galleries to the Porn Luv Network