14 Mar 08
24 Nov 08 7:33 am
It really depends on what you want.
Your tax guy/gal should always be consulted first.
But... If you plan to make 10k a mth.. its better to get an LLC.
Maybe not now, but later on.
Tax works different in many countries but in Australia,
this is how individuals are taxed..
work, earn, get taxed, spend whats left over.
but an LLC...
Build business ( Work ), spend on expenses, then whats left over is taxed.
See the difference?
Hope that helps.
Enjoy the little things, for one day you may look back and realize
they were the big things.
-- Robert Brault