Re: business incorporation-- which one???

[Guest guest]

I formed a PLLC, I did not look for lawyer, instead I used an accountant.I'm in Florida and the state requires that an entity or person become the agent of the corporation. You are supposed to publish the financial info with the state. I don't know the pros and cons of all the different Corp that u mentioned below.Adolfo E. TeranSent from my iPad

I'm just at the beginning of getting my solo part-time practice up and running.

I'm in NC. I have the options of forming a Professional Corporation (PC), Professional Association (PA), or a Professional Limited Liability Company (PLLC).

I'd love to hear folks opinions on the best way to go.

I'm leaning towards the PLLC "taxed as a S corp". My understanding is that business losses and gains are taxed as an individual. Also, it seem that the PLLC may have more asset protection aspects to it.

I'm thinking I can do this without an attorney-- at least without a virtual attorney... There are some online service to help write the Operating Agreements. Open to suggestions/ comments.

Thanks to all,

Anne

[Guest guest]

I too got advice only from accountant (no attorney) and formed a single member

LLC. I'm in Oregon. It really simplifies many aspect of running a company.

Far less paperwork, no annual board meetings and net income of the company is

personal income. My accountant has been very helpful the past 6 years, but now

it is simple enough to do taxes on my own if I choose to.

Stew Mones MD

Home visit practice since 2005

Solo IMP office practice since 2009

EUGENE, Or

Re: business incorporation-- which one???

I formed a PLLC, I did not look for lawyer, instead I used an accountant.

I'm in Florida and the state requires that an entity or person become the agent

of the corporation. You are supposed to publish the financial info with the

state.

I don't know the pros and cons of all the different Corp that u mentioned below.

Adolfo E. Teran

Sent from my iPad

> I'm just at the beginning of getting my solo part-time practice up and

running.

>

> I'm in NC. I have the options of forming a Professional Corporation (PC),

Professional Association (PA), or a Professional Limited Liability Company

(PLLC).

>

> I'd love to hear folks opinions on the best way to go.

>

> I'm leaning towards the PLLC " taxed as a S corp " . My understanding is that

business losses and gains are taxed as an individual. Also, it seem that the

PLLC may have more asset protection aspects to it.

>

> I'm thinking I can do this without an attorney-- at least without a virtual

attorney... There are some online service to help write the Operating

Agreements. Open to suggestions/ comments.

>

> Thanks to all,

> Anne

>

>

[Guest guest]

I am in CA and have an S corp. Costs me $800 to maintain. Did it on line w smallbiz.com. It was about $300 in 2008. My accountant wanted $1500. There was just one thing I almost missed which was a govt form to send in some weeks after incorp. Can't remember all the details, but I thought I was on top of things when an accountant pt of mine told me about this form. Sorry I can't remember what is it call. But I am so glad he told me about this form. Small biz did not remind me to send it form in but they had the form

I'm just at the beginning of getting my solo part-time practice up and running.

I'm in NC. I have the options of forming a Professional Corporation (PC), Professional Association (PA), or a Professional Limited Liability Company (PLLC).

I'd love to hear folks opinions on the best way to go.

I'm leaning towards the PLLC "taxed as a S corp". My understanding is that business losses and gains are taxed as an individual. Also, it seem that the PLLC may have more asset protection aspects to it.

I'm thinking I can do this without an attorney-- at least without a virtual attorney... There are some online service to help write the Operating Agreements. Open to suggestions/ comments.

Thanks to all,

Anne

[Guest guest]

NOLO press books excellent for legal self help

signed

sole proprietor in MAine

 

I'm just at the beginning of getting my solo part-time practice up and running.I'm in NC. I have the options of forming a Professional Corporation (PC), Professional Association (PA), or a Professional Limited Liability Company (PLLC).

I'd love to hear folks opinions on the best way to go. I'm leaning towards the PLLC " taxed as a S corp " . My understanding is that business losses and gains are taxed as an individual. Also, it seem that the PLLC may have more asset protection aspects to it.

I'm thinking I can do this without an attorney-- at least without a virtual attorney... There are some online service to help write the Operating Agreements. Open to suggestions/ comments.Thanks to all,

Anne

--      MD          ph    fax

[Guest guest]

LLC laws are different in every state, but both LLC taxed as S Corp and S Corp should be a wash with respect to taxes and asset protection. LLC usually easier to set up, depending on your state. I used a real attorney to create an S corp. Cost $500, haven't needed to go back to him since, I do the annual minutes myself, but for me using a real person gives me some peace of mind that I didn't overlook anything, and all my questions got answered.Subject: business incorporation-- which one???To: Date: Monday, June 20, 2011, 6:03 PM

I'm just at the beginning of getting my solo part-time practice up and running.

I'm in NC. I have the options of forming a Professional Corporation (PC), Professional Association (PA), or a Professional Limited Liability Company (PLLC).

I'd love to hear folks opinions on the best way to go.

I'm leaning towards the PLLC "taxed as a S corp". My understanding is that business losses and gains are taxed as an individual. Also, it seem that the PLLC may have more asset protection aspects to it.

I'm thinking I can do this without an attorney-- at least without a virtual attorney... There are some online service to help write the Operating Agreements. Open to suggestions/ comments.

Thanks to all,

Anne