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  1. sotc

    Forming an LLC

    I think part of the confusion here is that an llc can be set up many ways, mine is taxed as an S Corp, here's some info on that for those interested http://www.activefilings.com/resources/reference/how-to-legally-save-thousands-of-dollars-a-year-in-taxes/
  2. sotc

    Forming an LLC

    Because you become an employee, lower rate than self employment.
  3. sotc

    Forming an LLC

    First off you don't pay self employment tax which can be ridiculous, another benefit, You can elect to be taxed as an s Corp and not be double taxed like you would in a c Corp.
  4. sotc

    Forming an LLC

    Tax benefits as well
  5. sotc

    Forming an LLC

    I used Sage international. 9 years ago I spent $7- 800 and got my articles, share certificates, seal etc. Full meal deal and haven't regretted it a bit
  6. sotc

    Forming an LLC

    I'd just pay a pro to do it. It's not a do it once and leave it thing, you need to do your minutes annually or the protection isn't really there. Definitely worth doing imo
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