On Sun, Jul 24, 2005 at 05:51:42PM -0400, Rich wrote: > 2) LLC can be a number of forms, a sole member LLC has the tax aspects > of any other sole proprietor with the protection like a corporation, > multi-member LLCs are like any partnership. Just a slight add on here. It is possible to have retained earnings in an LLC that are taxed at a corporate rate. However, my accounted recommended against it as the corporate tax rates climb pretty quickly m