Small business benefits and references (links)
If you do own a small business, how do you "do" it?
LLC vs S corp vs partnership? Other choices? How did you come to that decision? If you have a web site which helped you make decision, or a document which helped, please feel free to share it.
My own situation- I have two jobs which I will be working... both related, but one is 1099 only, and a third prospect which is probably schedule C type job.
My thought based on a conversation with an accountant was an S corp which had some LLC under it (for example LLC for job A, different one for job B different for job C), however that also requires at least 1 employee I understand, so working thru finer points of what an S corp requires, what an LLC requires and similar.
I have a lawyer in the family (my BIL BIL)which told me he will file papers for me to create entity once I know what I need.
Light travels faster than sound. That is why some people appear bright until you hear them speak. One person's stupidity is another person's job security.