|
|
|
|
||||
|
Welcome to the GoFuckYourself.com - Adult Webmaster Forum forums. You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please contact us. |
 |
|
|||||||
| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
|
|
Thread Tools |
08-05-2010, 08:47 PM
|
#1 |
|
Confirmed User
Industry Role:
Join Date: Nov 2003
Location: Las Vegas Nv
Posts: 5,318
|
S-Corp, LLC or Sole Proprietor ?
If you own 100% of your business which one is the best to have? S-Corp, LLC or sole proprietor ? Is it a good idea to pay yourself as an employee with an S-corp? Pros and Cons?
__________________
Vegassexparty.com |
|
|
|
08-05-2010, 08:50 PM
|
#2 |
|
Let's do some business!
Industry Role:
Join Date: Sep 2004
Location: Austin, TX
Posts: 31,323
|
Definitely not sole proprietor. The rest depends on your personal situation. Speak with a lawyer or CPA, they will help you figure it out.
__________________
Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details. |
|
|
|
|
08-05-2010, 10:48 PM
|
#3 |
|
Confirmed User
Join Date: Feb 2007
Location: Los Angeles, CA
Posts: 1,873
|
In Cali I would go with a LLC as a sole owner and do an S-Corp election...
|
|
|
|
|
08-05-2010, 10:53 PM
|
#4 | |
|
There can be only one
Industry Role:
Join Date: Aug 2001
Location: Somewhere else
Posts: 39,075
|
Quote:
__________________
SIG TOO BIG |
|
|
|
|
|
08-05-2010, 10:55 PM
|
#5 |
|
So Fucking Banned
Industry Role:
Join Date: Apr 2006
Posts: 1,368
|
Scorp and take a pay as an employee
|
|
|
|
|
08-06-2010, 02:32 AM
|
#6 |
|
Confirmed User
Join Date: Sep 2003
Posts: 708
|
C-Corp | Delaware
__________________
"You can get more with a kind word and a gun than you can with a kind word alone.” |
|
|
|
|
08-06-2010, 04:55 AM
|
#7 |
|
Confirmed User
Join Date: Feb 2004
Posts: 350
|
S-Corp. Pay yourself a small but reasonable salary, but take dividends too. Do not take dividends too regularly or it can be considered regular compensation subject to social security and other taxes you can legally circumvent. You pay income tax on dividends since everything in the company goes to your personal finances at the end of the year.
Always work with a CPA. |
|
|
|
|
08-06-2010, 05:19 AM
|
#8 | |
|
Confirmed User
Industry Role:
Join Date: Aug 2001
Location: Hollywood Fl.
Posts: 8,980
|
Quote:
|
|
|
|
|
|
08-06-2010, 07:00 AM
|
#9 |
|
Amateur Pimpin
Industry Role:
Join Date: Aug 2004
Location: Orlando, FL
Posts: 13,075
|
LLC for sure
__________________
Make easy money with Webcams |
|
|
|
|
08-06-2010, 08:30 AM
|
#10 |
|
Confirmed User
Industry Role:
Join Date: Jan 2003
Location: Los Angeles
Posts: 736
|
s-corp if you can afford it. your personal assets are much better protected that way.
and definitely pay yourself a salary and get a payroll service like intuit. will make tax time a lot easier. And keep your personal and business totally seperate, get credit cards for the s-corp and bank accounts.
__________________
Tanguy 0x7a69 inc. Programmer/President/CEO http://www.0x7a69.com A Leader in Programming since 1996 PHP, Ruby on Rails, MySQL, PCI DSS, and any Technical Consulting |
|
|
|
