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2012-11-21 12:33 PM
in reply to: #4505883

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Subject: RE: If you have a LLC... tell me about it.

KSH - 2012-11-21 9:13 AM All right, I talked to a CPA yesterday. While I am putting my personal assets at risk, I am going to start as a sole proprietor. Once I have enough money in the bank I'll move to a LLC. Per the CPA I could do a LLC and file as a sole proprietor, with the Schedule C. I'm looking into getting QuickBooks, just the entry level program ($200). While I don't think I NEED it, I want to be organized and to have all the business information in the same place. Thanks for all the help! I feel like I'm getting my arms wrapped around what to do!

Why?  It's like $150 to form a LLC.

You do something wrong on day one (a pure accident) and you could lose your house, car, life savings.  Don't risk it.



Edited by TriRSquared 2012-11-21 12:34 PM


2012-11-21 12:55 PM
in reply to: #4506316

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Subject: RE: If you have a LLC... tell me about it.
TriRSquared - 2012-11-21 12:33 PM

KSH - 2012-11-21 9:13 AM All right, I talked to a CPA yesterday. While I am putting my personal assets at risk, I am going to start as a sole proprietor. Once I have enough money in the bank I'll move to a LLC. Per the CPA I could do a LLC and file as a sole proprietor, with the Schedule C. I'm looking into getting QuickBooks, just the entry level program ($200). While I don't think I NEED it, I want to be organized and to have all the business information in the same place. Thanks for all the help! I feel like I'm getting my arms wrapped around what to do!

Why?  It's like $150 to form a LLC.

You do something wrong on day one (a pure accident) and you could lose your house, car, life savings.  Don't risk it.


That's what it cost us here in Nebraska. $75 per page to file your articles of incorporation and ours were two pages.
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