<html><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; ">We run opencar as an LLC. AFAICT, the main thing we're missing out on is insurance/retirement tax benefits. But we're not much on paperwork in this household, so it's a tradeoff we're living with just fine. Very little paperwork and a flat yearly fee to the state.<div><br><div><div>On Oct 21, 2009, at 10:27 AM, Geoff Davis wrote:</div><br class="Apple-interchange-newline"><blockquote type="cite">I've always used S-corps for my businesses. They're pretty easy to maintain and to set up. I've used <a href="http://bizfilings.com">bizfilings.com</a> (inexpensive and easy to use) and a lawyer (more expensive and kind of a pain) - I recommend <a href="http://bizfilings.com">bizfilings.com</a>. I don't know a lot about the differences between the various types of corporations, but all the people I've talked to for advice have recommended an S-corp, and all the reading I've done points to an S-corp for me. Your business may be different, though.<div> <br></div><div>Geoff<br><br><div class="gmail_quote">On Wed, Oct 21, 2009 at 10:21 AM, Brian Chaikelson <span dir="ltr"><<a href="mailto:brianchaikelson@gmail.com">brianchaikelson@gmail.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex;"> Hi -<br> <br> Anyone with experience getting a startup/small business up and running? I'm trying to navigate the right tax entity - ie. sole proprietorship or LLC versus S-corp/C-corp, etc. No other employees at this point, so the latter 2 may be overkill.<br> <br> Is setup complicated and if so, recommended tax advisors/accountants to guide me through this?<br> <br> Thanks!<br> Brian<br> _______________________________________________<br> Social mailing list<br> <a href="mailto:Social@lists.deeptrouble.com" target="_blank">Social@lists.deeptrouble.com</a><br> <a href="http://lists.deeptrouble.com/listinfo.cgi/social-deeptrouble.com" target="_blank">http://lists.deeptrouble.com/listinfo.cgi/social-deeptrouble.com</a><br> </blockquote></div><br></div> _______________________________________________<br>Social mailing list<br><a href="mailto:Social@lists.deeptrouble.com">Social@lists.deeptrouble.com</a><br>http://lists.deeptrouble.com/listinfo.cgi/social-deeptrouble.com<br></blockquote></div><br></div></body></html>