 WOT - Going legit? Advise for doing a sole proprietorship, Why does it cost so damn much? |
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| Dr Evil |
 Jun 23 2009, 03:28 PM
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#1
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Send me your transmission!  Group: Members Posts: 23,002 Joined: 21-November 03 From: Loveland, OH 45140 Member No.: 1,372 Region Association: MidAtlantic Region 
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I am looking into doing a sole proprietorship and the cost to start one is more than I expected (about $400). Anyone have resources to offer or info?
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| blitZ |
Jun 23 2009, 04:35 PM
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#2
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Beer please... Group: Members Posts: 2,223 Joined: 31-August 05 From: Lawrenceville, GA Member No.: 4,719 Region Association: South East States |
It varies for each state. In GA, I have created two C corps over the years and have done it myself online for a $100 each. With the little income you are generating, I'm not sure I would bother. Then, there are tax issues. You may want to get some advice from an accountant.
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Posts in this topic
Dr Evil WOT - Going legit? Advise for doing a sole proprietorship Jun 23 2009, 03:28 PM
DBCooper
I am looking into doing a sole proprietorship and... Jun 23 2009, 03:39 PM Dr Evil I went to legal zoom to see what it would cost. Th... Jun 23 2009, 04:03 PM banger You should be able to download the forms and file ... Jun 23 2009, 04:04 PM Dr Evil Ya, I think the DBA fee was one of them as well. I... Jun 23 2009, 04:06 PM r_towle The legal status of a sole proprietor is useless.
... Jun 23 2009, 04:33 PM r_towle Ah yes...taxes.
A C corp provides ZERO protection... Jun 23 2009, 04:46 PM BarberDave :trophy:
Mike :
Check out a LLC.... Jun 23 2009, 04:46 PM Dr Evil I would definitely rather do an LLC, but I was fin... Jun 23 2009, 04:55 PM Vacca Rabite They said it before I could.
You need to set your... Jun 23 2009, 04:56 PM byndbad914 keep in mind the "corporate veil" is eas... Jun 23 2009, 05:45 PM GeorgeRud Unfortunately, this all varies from state to state... Jun 23 2009, 08:55 PM dflesburg S corp is an IRS only status.
In ohio the fee for... Jun 23 2009, 09:21 PM
siverson > A C corp provides ZERO protection for a 100% ... Jun 24 2009, 01:40 PM |
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