You can be an LLC and a sole-proprieter. Both my accountant and my lawyer advised me to become an LLC.
While I do have a (usually) silent partner, the advantages of incorporating vs. the disadvantages made it clear that incorporating could wait until (if) we decided to bring on employees (as opposed to subcontractors). -----Original Message----- From: Angus Scott-Fleming [mailto:[email protected]] Sent: Friday, February 20, 2009 4:15 PM To: NT System Admin Issues Subject: OT: Incorporate, LLC, or ??? How many of the consulting types here on the list are incorporated, how many of you are LLCs, and how many are just sole-proprietors or members of a partnership? If you're incorporated, are you an S-corp or a C-corp, and why? Feel free to answer off-list, I'll tally results and post the answer later. Don't know how many of you might be interested in this, but for the next couple of weeks Intuit (maker of Quicken, Quickbooks, and TurboTax software) is offering LLCs and incorporation services free. See this website for more info: Incorporate Online, Incorporation Services, LLC, Trademark http://mycorporation.intuit.com/?cid=web_intuit_sbn_inc_free Angus P.S. If you answer off-list, please keep "Incorporate, LLC, or ???" in the subject line so I can anti-spam-proof the answers ;-) ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~
