perts
on tax matters though. grin
marlon
- Original Message -
From: "George Rogato"
To: "WISPA General List"
Sent: Wednesday, June 03, 2009 2:38 AM
Subject: Re: [WISPA] Legal Entity - which type? Was: Quesiton on Funding
/Financing / Capital Availability
&
Wow... there is a lot of speculation going on here regarding the best choice
of legal entity for organization of a business. The answer is: there is no
simple answer. I owned an ISP and now I'm a lawyer. During law school I
concentrated a fair amount of my coursework on business planning and
busin
There ya have it!
>> marlon
>>
>> ----- Original Message -
>> From: "RickG"
>> To: "WISPA General List"
>> Sent: Monday, May 25, 2009 12:02 PM
>> Subject: [WISPA] Legal Entity - which type? Was: Quesiton on Funding
>> /Financi
> income increases and we need to do more tax planning. Hope that helps.
>> Melissa
>>
>> There ya have it!
>> marlon
>>
>> - Original Message -----
>> From: "RickG"
>> To: "WISPA General List"
>> Sent: Monday, May 25
he future as our
> income increases and we need to do more tax planning. Hope that helps.
> Melissa
>
> There ya have it!
> marlon
>
> - Original Message -
> From: "RickG"
> To: "WISPA General List"
> Sent: Monday, May 25, 2009
Message -
From: "RickG"
To: "WISPA General List"
Sent: Monday, May 25, 2009 12:02 PM
Subject: [WISPA] Legal Entity - which type? Was: Quesiton on Funding
/Financing / Capital Availability
Ha! Another interesting topic! In the past, when doing business for
myself, I le
We are an LLC. However, I don't think we could be a sole-proprietor with
two people, so we moved it to an LLC. This way our personal assets are
protected and we take distributions when we need them for our salary.
I have heard that an S-Corp is much more difficult in terms of taxes.
Martha Huiz
Ha! Another interesting topic! In the past, when doing business for
myself, I legally filed as a sole-proprietor. When I got into the WISP
business, for a multitude of reasons, I became an "S-Corp". After
filing my taxes, it seems to be much simpler and possibly more
advantageous to just be a sole-
