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Old 03-25-2013, 10:47 AM  
BFT3K
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Join Date: Dec 2005
Location: Narnia
Posts: 10,764
Quote:
Originally Posted by AdultPornMasta View Post
Best with a "C" and why people use LLCs at all is beyond me!

LLC's are much easier to deal with from a tax-preparation standpoint.

It used to be you had to be a corporation in order to separate yourself from your business for liability purposes.

I believe those same protections also exist now, via an LLC (limited liability company), so it is probably the best small business classification.

I am currently a C corp, but I may switch over to an LLC myself, as my accountant suggests (no need for an annual corporate return, etc).

Here's an interesting comparison of business classifications...

http://www.themoneyalert.com/Corp-Entity-Table.html

And oh yeah... FUCK TUBE SITES!
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