[Diana DiGiano] "Hi, so are you saying you researched both types of corporate options and chose LLC? What do you see as the benefits and/or limitations of both? Thanks for contributing -- I'm really looking forward to some good feedback on this topic."
I consulted with my CPA before forming the company and due to the size of the company (very small) and the type of work we do, he strongly recommended LLC as the tax benefit (and savings) was better going the LLC route vs. S Corp. Here in Georgia it only costs $75 to file for an LLC and you can do it yourself online, it's very easy.
I haven't read the entire thread so I apologize if this has been answered, but have you met with a CPA yet? If not, that is the first thing you should do. If you don't know of any, ask around for a recommendation or look at the Better Business Bureau website in your area.
Walter Biscardi, Jr.
Editor, Colorist, Director, Writer, Consultant, Author.
Credits include multiple Emmy, Telly, Aurora and Peabody Awards.
Owner, Biscardi Creative Media featuring HD Post
Biscardi Creative Media
Creative Cow Forum Host:
Apple Final Cut Pro, Apple Motion, Apple Color, AJA Kona, Business & Marketing, Maxx Digital.
Read my Blog!
Twitter!
