There is no difference.

 

HOWEVER - burden of proof on a sole proprietorship is higher (at least in
VA) than on a LLC. If you get audited, you're better off. If the business
gets sued for debt, you're better off.

 

From: Webster [mailto:[email protected]] 
Sent: Saturday, February 21, 2009 1:33 PM
To: NT System Admin Issues
Subject: RE: Incorporate, LLC, or ???

 

From: Stephan Barr [mailto:[email protected]] On Behalf Of lists
Subject: RE: Incorporate, LLC, or ???

 

LLC here. Do it; it's cheap and easy and then you can deduct lot's o stuff.

 

Can you give me one example on what you can deduct as an LLC that you can't
deduct as a Sole Prop.?

 

 

Webster

 

 

 

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