Are you a DBA, LLC, or Inc.

[tinsley]

iam llc i did it for protection but it also sounds more professional

[Brick city power washing]

I'm thinking about inc. my buisness this week. which is better INC. or LLC?

[Palmetto Home and Deck]

"I'm thinking about inc. my buisness this week. which is better INC. or LLC?"


Both INC. and LLC offer pretty much the same protection in separating your personal property and what actually belongs to your company. The basic difference is in the tax structure. The link below can give you some information to help you decide which is best for you.

www.bankrate.com/brm/news/biz/Biz_ops/20000831.asp

For more information Google INC. vs LLC

[Brick city power washing]

Thank you for the info palmetto, very helpful.

[Douglas Hicks]

I am an S Corp. But I noted my attorny is now an LLC. That makes me think I should be an LLC

[premierpw]

I am an LLC taxable as a corporation which has a lot of tax advantages

[deach]

DBA at this time. IL wants 500 bucks for the LLC, which has steered me off for now.

[sthom21]

We are an LLC mainly for the perception of being "more professional". Being more protected from lawsuits was also a selling point for us. A properly setup LLC with all the correct paperwork and policies makes it very difficult to pierce the veil.