|
Posted by ssnneeaakk1234 on November 9, 2007, 6:56 am
Please log in for more thread options
>> I am thinking the easiest route would be to create an LLC
>> (which has a lot less paperwork than the S Corp) and then
>> have the LLC "zero out" every month by paying my S Corp a
>> fee for the web development work and hosting.
>>
>> Is there anything wrong with that type of setup?
> What's the point? If you just want a new business name, a
> DBA is much easier, typically just a form at the county
> courthouse, and no new tax forms at all.
See my reply below to Herb, as you both had pretty much the
same suggestion.
What are your thoughts?
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>
|