I have a degree in accounting........Corporations, S Corps, LLC's etc, are usually tax accounting devices...if you are a one man shop, it doesn't really matter what type you use for liability purposes...they will sue the corp, company, shop, you the individual, and anyone else whose name they can find. So you have the question of tax savings..if any...and liability issues...2 distinct issues. For a one man shop, if you are extremely profitable, tax issues are more important than liability. For liability, do good work and consult the firm of Smith, Wesson, and Winchester.
and that is said only Very Slightly tongue in cheek
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Richard Thibeau, blacksmith and creative metal recycler www.dancingfrogforge.com
Dancing Frog Forge - An Institute for Advanced Rube Goldberg Studies
Last edited by rthibeau; 06-01-2008 at 03:07 AM.
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