New start up.
- Thread starter Jason H
- Start date
ptonsparky
Tom
- Occupation
- EC - retired
Go see your new attorney now and schedule a visit with your new accountant while your are in the area.
gulf0927
Member
- Location
- Lehigh Valley, PA
I think it depends on state, but I did LLC sole member. It's basically the simplicity of sole prop with the protections of an LLC. But I'm a one man show, might change if you have employees or plan to. But look it up as a starting point.
- Location
- New Jersey
- Occupation
- Journeyman Electrician
I agree consult with an attorney. The basic difference is liability and/or taxes which is something to think about.
Eddie702
Licensed Electrician
- Location
- Western Massachusetts
- Occupation
- Electrician
Different states different rules. Check with a lawyer and accountant as mentioned above.
For instance, in MA. there are many electricians who obtained a master's and started an LLC who are operating illegally.
MA requires the masters license for a corporation to be in the company's name. If you operate as a sole proprietor you keep the license in your name
For instance, in MA. there are many electricians who obtained a master's and started an LLC who are operating illegally.
MA requires the masters license for a corporation to be in the company's name. If you operate as a sole proprietor you keep the license in your name
AC\DC
Senior Member
- Location
- Florence,Oregon,Lane
- Occupation
- EC
With the new law for llc it’s now more stupid paperwork, some states charge you more for corp status