Yes - that's why I originally picked LLC - as its SImple - to setup and
run - and limited fees!
-K-
On 8/9/2013 8:33 AM, Ted Roche wrote:
You might not need a lawyer to set up the corporate form, as many states
have made this a pretty self-service, one-form-online process, but which
form is best for you depends on your particular state regulations.
Incorporation is not uniform across the states (and the reason why many BIG
corps choose to incorporate in Delaware) and picking the wrong form may
result in you having to pay more in filing fees, taxes (worker's comp,
unemployment, etc.), reporting costs (quarterly returns vs. annual, for
example) and overhead. Seek out some local experience from your chamber of
commerce, business organizations, or even paying a lawyer specializing in
this field an hour of their time to advise you on what to set up.
When I went LLC this last time around (12 years ago), I paid a lawyer for
advice, did the paperwork and stood in line at the Secretary of State's
office myself, and engaged a CPA for the first year to help me set up
accounting systems and do all the tax reporting.
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