Well, does HOF ever expect to make a profit? I'm an LLC, Nick McClure Photograph, LLC. the corporation exists to shield me the individual.
The taxes I pay come through my personal form and I get taxed on them at the same rate. Of course I haven't actually used this yet, I just set it up last week :) At 03:21 PM 1/29/2003 -0500, you wrote: >OK, this is a sticky one. >House of Fusion exists as a corporate entity (S corp) but its income is >$0. Its >expenses are a lot more than the income and its existence is basically a cash >drain. The question is, what other corporate or non-corporate entities exist >that we can hold House of Fusion under without having to pay out corporate >taxes? > >Michael Dinowitz >Master of the House of Fusion >http://www.houseoffusion.com > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Archives: http://www.houseoffusion.com/cf_lists/index.cfm?forumid=5 Subscription: http://www.houseoffusion.com/cf_lists/index.cfm?method=subscribe&forumid=5 Your ad could be here. Monies from ads go to support these lists and provide more resources for the community. http://www.fusionauthority.com/ads.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
