Hi David, I thought I'd toss our conversation out to the rest of the community, in case there are strongly differing opinions, but in summary: you probably do NOT need to incorporate at ALL. You can get a DBA to receive checks in your business name ($60 for 4 years vs $500 per year plus extra paperwork) You can get an EIN from the IRS for free Many small business owners do not need the extra expense or hassle of the extra paperwork & different tax regulations (& hiring an accountant to figure it out is expensive too!) Furthermore, if you are an LLC and seek a loan or credit, most lenders will require you to personally guarantee the funds anyways. I am NOT a lawyer, accountant OR financial adviser - this is simply my own experience with starting several (small) business. If you DO eventually decide to incorporate, there are many great resources for deciding *when* to incorporate; here's one: http://www.startupcompanylawyer.com/2009/07/20/when-do-i-need-to-incorporate-a-company/ In the meantime, save some money and a lot of headache and don't forget to KISS* *(Keep It Simple, Stupid) Claire Spencer MBA Candidate 2012 The Isenberg School *(413) 497-8245* On Tue, Jan 24, 2012 at 12:47 PM, David F. Farkas <david at farkas.com> wrote: > ** Be sure to fill out the survey/skills inventory in the member's area. > ** If you did, we all thank you. > > > > Has anyone used one of the online options for doing the paperwork for an > LLC? If so... your experience/recommendations? > > Thanx > David > > -- > *LISTEN to the FARKAS FILES — The Truth is in Here... Somewhere* > LIVE! Every Thursday at 9PM EST on* www.EmpoweRadio.com > <http://www.empoweradio.com/home/shows/the-farkas-files/506-The-Farkas-Files.html> > * > ____________________________________________________ > > *D A V I D F R A N K L I N F A R K A S* > *Remote Healing for Real Estate, People & Business* > _____________________________________________________ > > * Email:* david at HouseHealing.com > * Web Site:* www <http://www.househealing.com/>*.HouseHealing.<http://www.househealing.com/> > *com <http://www.househealing.com/> > * Newsletter: * http://www.househealing.com/contact-us/subscribe/ > > * VoiceMail:* 866 4 FARKAS (866 432 7527)* > Schedule Appt:* http://tungle.me/househealing > > * FaceBook:* www.facebook.com/d.f.farkas > * FB Page:* http://www.facebook.com/househealing<http://tr.im/HouseHealingFan> > * Twitter: * http://twitter.com/HouseHealing > _____________________________________________________ > > Snowmen Fall From Heaven... * Unassembled > > *Everything is Energy, Everything is Connected, > Everything is Conscious, Everything is Interactive* > ** > No trees were destroyed by sending this message. However, > a great many electrons were sorely inconvenienced!* > _____________________________________________________ > > > > > > _______________________________________________ > Hidden-discuss mailing list - home page: http://www.hidden-tech.net > Hidden-discuss at lists.hidden-tech.net > > You are receiving this because you are on the Hidden-Tech Discussion list. > If you would like to change your list preferences, Go to the Members > page on the Hidden Tech Web site. > http://www.hidden-tech.net/members > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://lists.hidden-tech.net/pipermail/hidden-discuss/attachments/20120125/7fe4c2f9/attachment-0001.html