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Join Date: Jul 2000
Location: Houston, Tejas
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Chris,

LLC - Limited liability Company - It doesn't give all the protection of a Corporation.

C-Corp - allows the most deductions and flexibility, but requires the most work. If you keep the money in the corporation, it is only taxed at the Corporate level. You will pay Dividend tax on anything you pass directly to yourself.

Here is a primer on this:
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James
The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
Red-beard for President, 2020
Old 11-17-2006, 08:30 AM
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