Whats the deal with LLC's and taxes? I hear that you dont get double taxed like a corporation but its still high. I am going to start mine as a LLC but I dont speak "governmentnese". I want to keep my family safe from law suits. Expensive : $125 filing fee $200 anual report fee (even though I will start in march I will still have to pay this on April 15th.......Aaaaarrggg!) Plus $50 local business license $20 name registration (local) Hey at least the parking will be free.....I hope they validate.hammer Any thoughts? Info?