Problem is you can't have employees or a partner...
I think that is what I came up with anyway
A GOOD CPA is a must... GOOD LUCK!!
how about an LLC???
Member #: 3229
Registered: 1996-2001
Posted:
456
Name:
Victor Solesky
Name:
Victor Solesky
Company:
Precision Splicing LLC
Occupation:
Owner
Location:
Denver
Experience:
~28 years
In my investigation, a sole proprieter would be better off going with an LLC, Limited Liability Corporation. My understanding is that you can have all of the protection of an incorporation (as far as lawsuits, personal liability and sub contractor problems) but will not have the double tax... ie tax the buisness then tax your personal draw.
Problem is you can't have employees or a partner...
I think that is what I came up with anyway
A GOOD CPA is a must... GOOD LUCK!!
Problem is you can't have employees or a partner...
I think that is what I came up with anyway
A GOOD CPA is a must... GOOD LUCK!!
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