Consulting/LLC or Corp Experience

technomage plug-discuss@lists.plug.phoenix.az.us
Mon, 22 Apr 2002 04:34:57 -0700


well hey,
I'm looking for some employment along these lines.

I have training as an accountant (through glendale community college).

otherwise, working as a consultant should be right up my alley (so to speak).

looking for help?

Technomage

On Monday 22 April 2002 03:01 am, you wrote:
> Austin,
>
> Do you want to expand your business to include more consultants besides
> yourself?  If so, I would suggest setting up a S-Corporation.  I won't go
> into what it is because a google search or a quick look thru nolo.com
> should shed some light on what it is.  With a Corp. you are required to
> file quarterly with Uncle Sam which is not difficult if your using
> quickbooks or an equivalant.  A S-corp can have tax avantages if done
> properly.  Also, an S-Corp creates a seperate legal entity for your
> business transactions which is helpful in legal situations.  The only
> additional overhead I can think of at the moment is the quarterly taxes and
> the annual corporate "meeting"(if your the sole stock holder, its only a
> paper formality) which is required by the corp. Commission if I remember
> right.  Regardless of which type of business setup you choose, you should
> talk to a lawyer and an accountant for more information.

-- 
I will not be pushed, filed, stamped, indexed, briefed, debriefed, or 
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My life is my own - No. 6