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  #1  
Old 08-02-2013, 02:02 AM
GreenscapesWV GreenscapesWV is offline
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Join Date: Apr 2011
Location: daniels wv
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LLC, S-corp, DBA?

I was curious what the best route would be and what exactly is the differences? I am solo right now in a new state, Ive always worked dba before but never checked into the others. any input I would appreciate.
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  #2  
Old 08-02-2013, 04:26 AM
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jsslawncare jsslawncare is offline
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Join Date: Feb 2011
Location: North Georgia
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LLC, S-corp, DBA?

Contact an accountant. We're just grass cutter's on here.
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Old 08-03-2013, 06:46 AM
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zturncutter zturncutter is offline
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Location: Interior South Florida
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Set up an appointment with a CPA, a good one is worth every penny they will charge you.
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  #4  
Old 08-03-2013, 08:10 AM
jhayden jhayden is offline
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Join Date: Nov 2008
Location: Portland, Maine
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LLC, S-Corp, DBA

DBA & a single member LLC can be filed on your personal taxes under schedule c. An LLC also limits your personal liability.

S-Corp allows you to file as a corporation, but have the income flow through to your personal taxes avoiding double taxation that a larger corporation would receive. The S-Corp filing will also avoid self eployment tax as long as you have paid yorself a reasonable salary.

I hope this helps.
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  #5  
Old 08-03-2013, 08:22 AM
GOATMAN GEORGE GOATMAN GEORGE is offline
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Join Date: Jun 2013
Location: North Carolina
Posts: 88
Go to your secretary of state website.

http://www.sos.wv.gov/Pages/default.aspx

READ, they have a whole business section. It will save you tons of $ it is simple to understand and choose whatever is right for your personal situation.
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  #6  
Old 08-05-2013, 01:23 AM
TTS TTS is offline
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Join Date: Jan 2013
Location: Wisconsin
Posts: 543
Like others said an accountant will be able to give you the best advice but in general a sole owner/operator doesn't really gain anything by going with an LLC or S-corp. If you start hiring employees that changes the game.
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  #7  
Old 08-05-2013, 03:08 AM
XYZLawnPros XYZLawnPros is offline
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Join Date: Sep 2009
Location: Tundraland
Posts: 310
Who is forcing you to ask the state/county/city/gov for permission to be an upstanding business owner?

And by what force are they using?

If you don't screw over your fellow human, you have my vote not to need their permission to do anything.
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  #8  
Old 08-05-2013, 10:06 AM
seabee24 seabee24 is offline
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Join Date: Mar 2009
Posts: 619
I would do the s corp. it had many more options in case the $hit hits the fan. Avoiding the self employment tax would be one of them as well
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