From: bobkat [#13]
15 Jul 2006
To: ALL
An LLC will give you the protections and advantages of a corporation with lower cost and less continuing paperwork for the government. In my state, you can set up an LLC yourself, online, in about 20 min. for a cost of $130.00. You then have a $25.00 per year renewal fee, and that is all the paperwork there is to do, (no meetings, no minutes, no charter, no board of directors, blah, blah, blah......).
From: Engravin' Dave (DATAKES) [#14]
15 Jul 2006
To: UCONN Dave & Lynn too (DANDL48) [#12] 15 Jul 2006
quote:
Also as a Corporation you don't have to pay Social Security on dividends, at least as a Sub S corp.
Shhhhhh! There may be a politician lurking among us.
EDITED: 15 Jul 2006 by DATAKES
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